Video: fintech news pick of the week – HSBC, 11Onze, UK fintech funding & more
A top pick of stories from the world of finance and tech in video format, weekly.
HSBC
HSBC launches first multi-asset index driven by AI and big data
AiMAX uses new and historical data to identify assets poised for growth.
HSBC goes live with Demica system for trade receivables
Selection to deployment took the two firms just over a year.
HSBC explores options for loss-making US arm as profits dip 34%
Asia delivered HSBC a $13 billion adjusted profit before tax in 2020.
Jeremy Balkin calls time on HSBC US innovation role
Balkin leaves his post after six years with the bank.
2020 review: 10 largest bank job cuts this year
This year has seen several job cut announcements.
Report: Three key strategies for customer experience success
In-depth industry report on customer experience, featuring expert insights from Mettle, HSBC & Northwestern Mutual.
HSBC launches Global Money account in US to rival fintechs
The bank’s aim behind the new service is to create “one global account”.
A banker goes a-banking, volume 7: why can’t we be friends?
What 15 years of digitisation & modernisation have gotten us from the consumer’s point of view? It’s not looking great.
Leaked FinCEN files show banks allowed $2trn in suspicious transactions
Major leak of suspicious activity reports shows “mind blowing” scale of money laundering issues.
HSBC signs multi-year cloud deal with AWS
Amazon Web Services is to become a “long-term strategic partner” for HSBC.
Report: A new decade of core banking transformation
A new FinTech Futures report examining the role of core banking in the industry today.
65% of banks say legacy systems holding back Swift gpi adoption
Volante, HSBC and Deutsche Bank, share their insights on a recent webinar regarding Swift gpi.
Report: Five success factors for an ideal ISO 20022 migration
ISO 20022 represents an opportunity for banks to reinvent the way they operate.
Major banks assess COVID-19 working from home policies
A list of how some major banks are responding to COVID-19 remote working policies.
HSBC freezes redundancy plans as COVID-19 hits $6bn overhaul
London-headquartered bank releases Q1 earnings with stark warning for Europe.
HSBC launches mobile onboarding in mainland China
UK-headquartered bank is the first foreign lender to launch mobile onboarding in China.
HSBC delays ‘vast majority’ of redundancies amid COVID-19
“Because of the extraordinary impact of the COVID-19 pandemic,” says Noel Quinn.
Banks test disaster recovery sites and send staff home amid coronavirus
Senior bank execs are concerned about broadband capacity at their employees’ homes.
Bank-backed blockchain trade platform Contour launches in Singapore
Contour is built on R3’s Corda platform.
HSBC plans new restructure with France and USA in firing line
The global bank is aiming to cut costs and weed out loss-making divisions.
HSBC and Santander to refund customers after breaking CMA rules
The banks failed to message users going into their overdrafts.
HSBC turns to blockchain to digitise private placement records
The bank has launched its new Digital Vault platform.
HSBC takes on digital challengers with First Direct overhaul
The telephone-based brand is looking at AI and in-app technology.
HSBC plans 10,000 job cuts in fresh cost-saving exercise
Global bank plans to cull high-paid roles.
Wematch unveils Euro IRS platform with 10 banks onboard
JP Morgan, RBC, HSBC and Societe Generale are among the initial banks.
Video: fintech news weekly round-up – 15 July 2019
More top fintech news, in video format!
HSBC launches multicurrency virtual account for treasury
Available in the UK, USA, Hong Kong and Singapore.
HSBC seeks AI prowess with Element AI partnership
The bank is also looking out for more partnerships to push AI capabilities.
DevOps firm CloudBees gets capital injection from HSBC
HSBC uses CloudBees Core platform for its software delivery system.
Trade finance standardisation project backed by 14 giants
The project seeks technology use and standardisation for the wider distribution of trade finance assets.
Top fintech stories this week – 8 March 2019
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
HSBC mixes with NepFin for middle market move in US
American firms via NepFin can now tap into HSBC’s commercial banking services and its network.
HSBC feels $250bn FX of blockchain
Bank’s interest in DLT deepens with juicy transaction action.
Top ten digital bank initiatives in 2018
There have been a lot of digital bank projects in 2018. Here are our favourites.
Top ten blockchain stories in 2018
Bustling blockchain. A compilation of the year’s juiciest stories with this handy top ten.
HSBC Bank USA hit by data breach
Data stolen includes full names, account numbers and transaction history.
HSBC and ING in industry-first blockchain trade finance transaction
HSBC India, ING Bank Brussels, Reliance Industries and Tricon Energy experiment with blockchain.
Sibos 2018: Alpha-bets G-L
A quick look at four fintech firms that are worth keeping an eye on at the Sibos show.
Trade Information Network launched by seven banks to transform trade finance
CGI selected to provide tech to Trade Information Network.
