HSBC - News, Articles & Research

HSBC signs multi-year OTC derivatives servicing deal with Delta Capita

Delta Capita has been selected by HSBC to deliver OTC derivatives confirmation and settlement services globally under a multi-year agreement.

29 January 2025

News/payments

HSBC shuts down Wise competitor Zing

HSBC has shut down Zing, the currency conversion app that was intended to provide a viable competitor to money transfer behemoth Wise.

23 January 2025

Company announcement/markets

HSBC launches market-first cross-currency netting in China

HSBC has provided Philips with a market-first treasury solution in mainland China. This first-of-its-kind netting solution reduces the hundreds of intra-group multi-currency transactions that Philips entities in mainland China make each month into a single RMB cross-border transaction, streamlining processes, lowering costs, and unlocking working capital.

17 January 2025

Company announcement/payments

Pensions administrator Aptia adopts HSBC's payment pre-validation API

Aptia, the UK’s largest third-party pensions administration firm, has announced its adoption of HSBC’s cutting-edge Payment Pre-Validation API, marking a first for the pensions industry.

18 December 2024

News/security

Australian regulator sues HSBC for failing to protect customers from scams

The Australian Securities and Investment Commission (Asic) is suing HSBC for failing to adequately protect customers scammed out of millions of dollars.

16 December 2024

Event/payments

On-Demand – 2025 Fraud Trends: Synthetic Identity, AI and Incoming Mandates

What do banks need to do to detect and prevent APP scams in real time?

Speakers from: ACI Worldwide, Mastercard, HSBC, Tunic Pay

10 December 2024 483

Company announcement/devops

HSBC accelerates information access with Starburst data lakehouse

Starburst, the Trino Company, is pleased to have its data lakehouse selected by HSBC, one of the world's largest banking and financial services organizations, to support how the bank accesses and gains value from its large-scale analytical data stores. By relying on Starburst for its data lakehouse, HSBC is making data that’s globally dispersed across heterogeneous sources instantly accessible, while ensuring enhanced compliance and significantly reducing operational costs.

04 December 2024

News/payments

HSBC launches transactions platform for firms seeking international growth

HSBC has launched a one-stop domestic and cross-border payments platform for businesses looking to grow internationally.

27 November 2024

News/payments

HSBC UK enters POS financing market

HSBC is entering the UK buy now, pay later market through the launch of Flexipay, a point-of-sale finance product.

26 November 2024

Company announcement/people

Citi's Emily Turner appointed CEO of HSBC Innovation Banking

HSBC UK Bank plc announces the appointment of Emily Turner as CEO of HSBC Innovation Banking UK, with effect from February 2025 subject to regulatory approval.

21 November 2024

Company announcement/retail

HSBC teams with Girlguiding to launch money skills badge

To mark the start of Talk Money Week (4-8 November), Girlguiding is today launching a ‘Money skills- I’m money confident’ badge and new activities developed with HSBC UK, to teach financial literacy and empower over 300,000 UK girls and young women aged between four and 18 to confidently manage money.

18 November 2024

News/payments

HSBC and Ant International laud results of blockchain-based tokenized deposit transfers

HSBC and Ant International have completed HKD-denominated cross-bank blockchain-based test transactions under the Hong Kong Monetary Authority’s Ensemble Sandbox.

28 October 2024