HSBC - News, Articles & Research

HSBC opens London and Toronto data and innovation labs

HSBC has opened two data and innovation labs - in London and Toronto - that will house specialists in areas such as analytics and robotics working on products and services for the bank's global banking and markets (GBM) unit.

23 May 2019

News/ai

HSBC taps AI to simplify procurement process

HSBC has signed on to use Globality's artificial intelligence-based platform for sourcing and procurement of services.

21 May 2019

News/devops

HSBC invests in DevOps outfit CloudBees

Banking giant HSBC has invested $10 million in CloudBees, a US software delivery management system provider.

21 May 2019

Company announcement

HSBC Technology India launches second phase of Take2 programme

HSBC Technology India (HTI), part of the Technology function of the banking group launched the second edition of its ‘Take2 programme’ created to help women who have taken a break from work to restart their career.

10 May 2019

News/wholesale

HSBC picks CGI trade finance tech

Banking giant HSBC is giving its global trade and receivables business a technology refresh with a new platform from CGI.

30 April 2019

News

CMA9 banks respond to Open Banking mobile app delays

In light of the UK’s Competition and Markets Authority scolding five of the CMA9 – Bank of Ireland, Danske Bank, HSBC, Lloyds Banking Group and Santander – for being in breach of Open Banking delivery on mobile apps, Finextra questions the banks on why deadlines were missed.

12 April 2019

Company announcement

LendInvest secures up to £200 million in funding from HSBC UK to back entry into home loan mortgages

LendInvest, the marketplace for mortgages, has secured funding of up to £200 million from HSBC UK, one of the world’s largest banking and financial services organisations, bringing further institutional capital to its platform.

08 April 2019

Company announcement/security

Former HSBC chief information security officer Alison Vincent joins Cybertonica as technical advisor

Cybertonica, on the list of Europe’s top innovative growth firms using ML and AI in FinTech and payment risk prevention, has appointed Alison Vincent, PhD to the role of Technical Advisor to the Senior Management Team and the Board.

14 March 2019

News/startups

HSBC invests in Asian insurtech CXA Group

HSBC has joined a $25 million funding round for CXA Group, a Singapore-based health-focused insurance startup.

13 March 2019

News

Swift combines with Asia Pacific institutions on DLT for proxy voting

Interbank payments network Swift is to run proof-of-concept trials of the use of distributed ledger technology for proxy voting in the Asia Pacific region.

06 March 2019

Company announcement/payments

Proactis secures £20 million in funding from HSBC UK

Proactis has secured £20 million in funding from HSBC UK to bring to market new technology to tackle the liquidity squeeze felt by SMEs.

28 February 2019

News/retail

HSBC forges partnership with commercial lending platform NepFin

HSBC is teaming up with commercial lending platform Neptune Financial (NepFin) to target middle market businesses in the US in need of capital.

26 February 2019