HSBC invests to boost digital capabilities instead of building a virtual…
CUSTOMERS want the best digital products and services possible, that’s the reality. In the financial services space, virtual and challenger banks have been the…
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HSBC
HSBC will reportedly shift $20bn worth of assets to blockchain
HSBC plans to move billions in assets to a new blockchain-based custody platform by March 2020. HSBC will transfer $20bn worth of assets to a blockchain-based…
HSBC Chief Kroeker expects commercialization of blockchain in 2020
BANKS and financial services institutions have trialed plenty of blockchain applications over the past 12 to 24 months and although many of them have been…
HSBC Malaysia uses new technology to upgrade the ‘letter of credit’
ALTHOUGH blockchain technology has been around for more than a decade, business leaders still find it hard to understand. As a result, the seemingly limitless…
HSBC completes first blockchain-based letter of credit transaction in yuan
HSBC completed the world’s first blockchain-based letter of credit transaction using Chinese renminbi, successfully using the technology in a transaction…
HSBC Malaysia launches supply chain platform
HSBC Malaysia has launched HSBC Supply Chain Finance (HSCF) platform, an electronic platform that enables customers to upload approved invoices catering to…
HSBC to add 1,000 jobs at China tech centers
HSBC is planning to add more than 1,000 new employees this year at its China technology development centers in Guangzhou, Shanghai, and Xi’an. The technology…