Tag: HSBC
Overcoming legacy systems and innovating with AI in finance
In the financial sector, the transition towards AI begins with overcoming the inherent challenges posed by legacy systems. According to Napier AI, many AI initiatives...
HSBC launches Smart Transact platform for international payments and growth
HSBC, one of the world’s largest banking and financial services organisations, has introduced a new platform which aims to simplify payments for businesses with...
Julian Wentzel to replace Celine Herweijer as CSO at HSBC
HSBC has announced a significant change in its leadership structure, as Celine Herweijer steps down as Group Chief Sustainability Officer. According to ESG Today,...
HSBC UK partners with Ovo for BNPL market debut
HSBC UK, a leading provider of banking and financial services, has announced the launch of Flexipay, a point-of-sale (POS) finance product aimed at entering...
Bolttech secures $50m venture debt facility from HSBC to fuel InsurTech...
bolttech, a fast-growing global InsurTech company, has successfully secured a $50m venture debt facility from HSBC. The financing will support bolttech’s strategic growth, allowing the...
Enhancing MSME support in Southeast Asia: Funding Societies lands $100m from...
Funding Societies, Southeast Asia's largest digital finance platform for micro, small and medium enterprises (MSMEs), announced a new milestone today with the signing of its third credit facility under the HSBC ASEAN Growth Fund.
Zafin and Microsoft redefine banking with cutting-edge AI collaboration
In a significant move for the banking technology sector, Zafin has announced the expansion of its strategic collaboration with Microsoft, marking a new phase in bank modernisation efforts.
ATFX boosts institutional eFX offerings with strategic Spark Systems investment
ATFX, a leading global FinTech broker, has announced a strategic investment in Spark Systems, a Singapore-based, institutional-grade electronic foreign exchange (eFX) trading platform. This investment,...
IFC, HSBC Asset Management forge expanded partnership to promote sustainability
IFC and HSBC Asset Management have joined forces to launch a specialized fund vehicle aimed at corporate bond issuers in emerging markets. This initiative seeks...
Bank of London secures £42m in oversubscribed funding round
Bank of London, a UK-based clearing bank and embedded banking service, has announced a successful £42m funding round.