HSBC - News, Articles & Research

HSBC customers hit by mobile banking outage

Thousands of HSBC customers in the UK have been unable to access online and mobile banking services, preventing them from authorising online card purchases on Black Friday.

24 November 2023

Finextra TV/devops

Concepts to commercialisation: Growing digital assets

In the lead up to Singapore Fintech Festival, Lee Zhu Kuang, Chief Digital, Data and Innovation Officer for Securities Services, HSBC, evaluates the transformative impact of tokenisation and the role of AI standardisation in enhancing scalability and interoperability. We discuss the impact of digital assets and the need to balance financial expertise, regulatory compliance, custody services, and investor security for sustainable industry growth.

20 November 2023

Finextra TV/retail

Generative AI: The tipping point for future banking

In the lead up to Singapore Fintech Festival, Shayan Hazir, HSBC's Chief Digital Officer for ASEAN, considers initiatives to integrate Artificial Intelligence into current financial infrastructure and the importance of experimentation and collaboration for operational transformation. We discuss the challenges in data orchestration, responsible implementation, public utilities and identify future opportunities in this space.

17 November 2023

News/regulation

Singapore develops generative AI risk framework; digital money and ESG also to the fore

The Monetary Authority of Singapore has brought together banks and tech firms to develop a generative AI risk framework and is now exploring how the technology can be used in the financial services sector.

16 November 2023

Company announcement

HSBC goes live on Broadridge distributed ledger sponsored repo solution

Further expanding the network across the global repo market, Global Fintech leader Broadridge Financial Solutions, Inc. (NYSE:BR), today announced that HSBC is the next client to successfully go live on the newly launched sponsored repo solution built on Broadridge’s DLT enabled Distributed Ledger Repo (DLR) platform.

15 November 2023

News/crypto

HSBC to roll out custody platform for tokenized securities

HSBC is moving deeper into the digital assets market with the launch of an institutional grade custody service for tokenized securities using technology from Ripple-owned Swiss crypto safekeeping firm Metaco.

08 November 2023

News/security

HSBC warns of spike in dummy apps

HSBC has issued an urgent fraud warning after a spike in the number of UK customers downloading dummy apps that trick users into handing over financial information.

03 November 2023

Company announcement/markets

ADX teams with HSBC on the introduction of digital bonds

Abu Dhabi Securities Exchange (ADX) and HSBC Bank Middle East Limited (HSBC) are working together in the first regional collaboration of its kind to develop digital fixed-income securities, paving the way for the introduction of a broader array of capital market use cases in the Middle East.

02 November 2023

News/crypto

Visa trials tokenised deposits for e-HKD pilot programme

Visa has disclosed the findings of a pilot test of tokenised deposits for B2B payments with HSBC and Hang Seng Bank as part of trials of an e-HK CBDC programme.

02 November 2023

News/wholesale

HSBC becomes first bank in the world to offer tokenised gold

HSBC has unveiled a platform that uses distributed ledger technology to tokenise the ownership of institutional clients’ physical gold held in the bank’s London vault.

02 November 2023

News/payments

HSBC tests tokenised deposit platform for global treasury payments

HSBC has successfully tested the use of tokenised deposits in intra-group treasury transactions using blockchain technology provided by China's Ant group.

01 November 2023

News/people

Tradeshift sacks CEO over allegations of sexual assault

Tradeshift, a Danish fintech heavily backed by HSBC, has fired its CEO over "serious allegations of sexual assault and harassment".

12 October 2023