HSBC

HSBC Holdings plc is a British multinational investment bank and financial services holding company. It was the 7th largest bank in the world by 2018, and the largest in Europe, with total assets of US$2.558 trillion.

Source: hsbc.com

Major Banks Incorporate New UK Company to Promote Shared Hubs
Major Banks Incorporate New UK Company to Promote Shared Hubs
December 19, 2022  |  Banking

The U.K.’s major banks have joined forces to protect consumers’ access to cash. A new nonprofit company called Cash Access UK has been set up...

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HSBC Teams With Extend to Offer Virtual Cards
HSBC Teams With Extend to Offer Virtual Cards
December 14, 2022  |  Partnerships

Extend has teamed with banking giant HSBC to offer customers virtual cards. It’s the second partnership for the virtual card and spend management platform Extend...

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NY Fed, Top Banks Test ‘Watershed’ Digital Dollar Project
NY Fed, Top Banks Test ‘Watershed’ Digital Dollar Project
December 07, 2022  |  CBDC

A group of large banks is preparing to test a shared digital asset settlement platform. According to the announcement, the study is set to take...

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Wells Fargo and HSBC Add Offshore Yuan to FX System
Wells Fargo and HSBC Add Offshore Yuan to FX System
November 17, 2022  |  Blockchain

Wells Fargo and HSBC, two of the world’s largest banks, have added the offshore version of China’s yuan (CNH) to their blockchain-based foreign exchange (FX)...

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UK Big 4 Beef Up Loan-Loss Reserves as Calls for Windfall Tax Intensify
UK Big 4 Beef Up Loan-Loss Reserves as Calls for Windfall Tax Intensify
November 01, 2022  |  Banking

Due to interest rate hikes by the Bank of England (BoE) this year, all four of the largest U.K. banks — HSBC, Barclays, NatWest and...

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Buy vs. Build: EU Banks’ Foray Into BNPL Gathers Steam
Buy vs. Build: EU Banks’ Foray Into BNPL Gathers Steam
October 21, 2022  |  BNPL

At the start of the year, Matt Norton, Santander Bank North America’s head of point of sale lending, told PYMNTS that banks were increasingly eyeing...

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Today in B2B Payments: eCommerce Tools Focus on African Enterprises, Aircraft Parts
Today in B2B Payments: eCommerce Tools Focus on African Enterprises, Aircraft Parts
October 13, 2022  |  B2B Payments

Today in B2B payments, Dooka offers a B2B marketplace to promote intra-African trade, while Ambry Hill and eComchain launch an eCommerce storefront solution for sellers...

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EMEA Daily: Mastercard Backs nClude to Boost Financial Inclusion, FinTech in Egypt
EMEA Daily: Mastercard Backs nClude to Boost Financial Inclusion, FinTech in Egypt
October 12, 2022  |  emea

Today in Europe, the Middle East and Africa, Mastercard announced an investment in Egypt’s FinTech-focused venture capital platform nClude and HSBC launched a new digital...

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HSBC, Trade Ledger Launch Digital Receivables Finance Tool
HSBC, Trade Ledger Launch Digital Receivables Finance Tool
October 12, 2022  |  B2B Payments

The London-based Lending-as-a-Service FinTech Trade Ledger  Thursday (Oct. 11) announced the launch of HSBC’s new digital finance receivables solution, built with the Trade Ledger platform....

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