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Five banks under CMA investigation over competition laws

Five major banks are being investigated by the Competition and Markets Authority (CMA) for sharing competitively sensitive information in one-to-one conversations.  Citi Bank, Deutsche Bank,...

Tax fraud allegations lead to five banks being searched in Paris

French prosecutors have confirmed that the offices of five banks have been raided in Paris.  According to media reports in the country, HSBC, BNP Paribas,...

First Citizens to acquire remainder of SVB’s operations

US regulators have announced that the bulk of Silicon Valley Bank’s (SVB) remaining operations will be swooped up by North Carolina-based lender First Citizens. Reports...

Digesting the Digits – Xapo adds GBP support, Brite unlocks more...

Number crunching is a key component of the payment industry, with digits being scattered across the sector’s key stories.  Each week Payment Expert digests these...

CryptoUK: Downfall of SVB highlights need to strengthen ties between banks...

Off the back of the fall of Silicon Valley Bank (SVB) and its UK arm being saved by HSBC, the reaffirmation of Prime Minister...

HSBC steps in to save Silicon Valley Bank UK

In a significant move for the stability of UK tech, HSBC has stepped in to purchase the UK arm of the crisis-ridden Silicon Valley...

The Blockchain Bulletin: Binance.US vs SEC & UK banks ban credit...

Payment Expert’s Blockchain Bulletin analyses how the world of blockchain is constantly evolving and having a major impact on the payment industry, with cryptocurrencies,...

HSBC joins growing list of banks banning credit card crypto purchases

HSBC UK is clamping down on cryptocurrency transactions as the UK is intensifying its rules and regulations surrounding digital assets.  Alongside Nationwide, HSBC will now...

HSBC to support eCommerce growth in Hong Kong with new multicurrency...

HSBC has further strengthened its presence in Asia with the release of its new digital payment solution for SMEs in Hong Kong. The HSBC Merchant...

HSBC partners with Oman Air for revamped international payments

National airline Oman Air has introduced a new deal with HSBC’s Sultanate of Oman regional branch aimed at improving its international payments processing.  The new...

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