HSBC - News, Articles & Research

Company announcement/retail

HSBC UK increases gambling block cooling off period to 72-hours

With lockdown causing an increase in gambling, HSBC UK and first direct have today announced an increased cooling off period to their gambling block feature, from 24 hours to 72 hours.

21 January 2021

News/devops

Open Banking year three: Insights from the CMA9

The UK banking industry had its hands full in 2020 as institutions had to respond to lockdowns and other restrictions on business activity designed to curb the spread of Covid-19. What effect did this have on the ongoing adoption of Open Banking? In Finextra’s annual review, we look at how Open Banking has grown, what still needs to improve and what will happen next.

13 January 2021

Company announcement/sustainable

HSBC, Natixis and Mirova found Natural Capital Investment Alliance

HSBC Pollination Climate Asset Management, Lombard Odier and Mirova, an affiliate of Natixis Investment Managers, are the three founding partners of the Natural Capital Investment Alliance (‘The Alliance’), established by His Royal Highness The Prince of Wales under his Sustainable Markets Initiative.

12 January 2021

News/regulation

HSBC signs for Silent Eight compliance tech

HSBC has inked a multi-year deal with Silent Eight, recruiting the regtech startup in its efforts to fight financial crime.

06 January 2021

Company announcement/sustainable

HSBC Hong Kong data centre installs solar panels to cut 108,000kg of carbon

Solar panels recently installed at an HSBC data centre in Hong Kong could cut carbon emissions by 108,000kg a year as part of the bank’s climate strategy.

04 January 2021

Company announcement

HSBC becomes first production member of Contour’s network

Contour, the global trade finance network has today announced that HSBC has become the first full production member of the network following Contour’s commercial launch in October this year.

15 December 2020

News/people

HSBC appoints Steven Van Wyk Group CIO

HSBC has named industry veteran Steven Van Wyk group chief information officer, leading the banking giant's global technology organisation.

07 December 2020

Company announcement/security

HSBC UK to run scam survival bootcamp

Brits are more likely to reveal how much they earn (27%) than admit to losing money in an online shopping scam (26%).

02 December 2020

News/sustainable

HSBC reaps environmental benefits of pandemic switch to remote advice

HSBC UK has found a silver lining to the coronavirus cloud, revealing that the switch to remote wealth and investment advice during the pandemic has saved nearly 900,000 sheets of paper.

02 December 2020

Company announcement/people

Lloyds poaches HSBC wealth chief Charlie Nunn as CEO

Lloyds Banking Group plc is pleased to announce that, subject to regulatory approval, Charlie Nunn is to be appointed to the role of Group Chief Executive Officer and Executive Director.

30 November 2020

News/payments

EBAday 2020: Finding the killer app for Request to Pay

Request to Pay is in danger of being an answer without a question, unless the banking and payments ecosystem can come together with the corporate world to identify a killer use case that would encourage mass adoption.

26 November 2020

News/wholesale

EBAday 2020: Cash visibility still an issue for corporate treasurers in 2020

Today, non-bank entrants such as PSPs and TPPs are entering the payments space to tap in to the lucrative and stable business that is transaction banking. To remain competitive and avoid disintermediation, financial institutions must support legacy core banking infrastructure and a resource-intensive, scalable delivery model – success is tied to relevancy in the corporate market and ensuring clients’ problems are resolved.

26 November 2020