Tags HSBC

Tag: HSBC

Data collection RegTech Armalytix nets $1m

Armalytix, which streamlines data collection and intelligence for AML checks, has reportedly raised $1m in funding.

FinTech Monese scores $35m investment from HSBC

FinTech firm Monese has secured a $35m investment from HSBC, bringing the total raised by the firm to $208m.

Funding Societies receives credit for SME digital financing

Funding Societies, which claims to be Southeast Asia's largest small and medium enterprises (SME) digital financing platform, has secured a $50m credit facility.

Paul Pogba joins $50m Series B of Sharia-compliant investing app Wahed

Sharia-compliant ethical investing platform Wahed has received $50m in its Series B funding round as it plans to launch an ethical neobank.

HSBC addresses gender funding gap with Female Entrepreneur Fund

HSBC has launched a Female Entrepreneur Fund which will provide $1bn in lending to female-owned business over the next 12 months.

HSBC acquires AXA Singapore in $529m deal

HSBC Insurance has completed the acquisition of 100% of the issued share capital of AXA Insurance in Singapore, for $529m.

The five biggest compliance failure fines of 2021

As another challenging year comes to an end, the task for organisations to remain compliant in new working environments is still ongoing. Despite firm efforts by many to avoid penalties, some institutions were unable to duck fines last year. Here are the top five compliance failure fines from the year of 2021.

FCA slaps HSBC with ?63.9m fine for AML failings

The Financial Conduct Authority (FCA) has fined HSBC Bank ?63,946,800 for failings related to its anti-money laundering processes.

HSBC unveils new risk scenario tool to support risk and trading...

HSBC has introduced the Risk Advisory tool, a solution aimed at helping the management of credit more efficiently for risk and trading teams.

HSBC Qatar introduces mobile payments service in banking digitisation push

HSBC Qatar has unveiled a new mobile payments and collections service for its customers as it continues its investment into digitising banking services.

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