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Discover all the Company news on HSBC and other articles related to HSBC in The Paypers News, Reports, and insights on the payments and fintech industry:

Discover all the Company news on HSBC and other articles related to HSBC in The Paypers News, Reports, and

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HSBC sells Canadian business to Royal Bank of Canada

News | Online & Mobile Banking | 30 Nov 2022

HSBC Holdings’s subsidiary HSBC Overseas has entered into an agreement to sell its banking business in Canada to Royal Bank of Canada, subject to regulatory and governmental approvals.

acquisition, banks, banking, online banking, central bank

HSBC partners Wells Fargo to expand a DLT solution for FX settlements

News | Cryptocurrencies | 21 Nov 2022

HSBC Bank has partnered Wells Fargo to update a distributed ledger technology solution for foreign exchange settlements to include CNH (offshore yuan).

DLT, product upgrade, partnership, blockchain

US banking community starts digital dollar pilot

News | Online & Mobile Banking | 17 Nov 2022

Members of the US banking community have launched a proof of concept (PoC) project that will explore the feasibility of an interoperable digital money platform known as the regulated liability network (RLN). 

partnership, banks, DLT, digital currency, blockchain

Saxo works with HSBC to incorporate eGIRO

News | Payments General | 07 Nov 2022

Saxo, a fintech that connects people to investment opportunities, has worked with HSBC to incorporate eGIRO and FAST Direct Debit Solution.

partnership, fintech, investment, banks, API

HSBC rolls out trade finance service

News | E-invoicing, SCF & E-procurement | 10 Oct 2022

HSBC has rolled out its trade finance service, HSBC Trade Solutions (HTS), to customers in the UK and Hong Kong. 

product launch, trade finance, ERP, B2B payments

HSBC and Oracle NetSuite unveil embedded banking service

News | Online & Mobile Banking | 29 Sep 2022

HSBC and Oracle NetSuite have unveiled a solution that embeds banking services into a cloud enterprise resource planning (ERP) system.

product launch, embedded finance, partnership, ERP, accounts payable

Variable Recurring Payments available to HSBC customers

News | Online & Mobile Banking | 25 Aug 2022

HSBC has announced that sweeping Variable Recurring Payments (VRP) is available to all Open Banking participants for the HSBC Personal and HSBC Business.

banks, Variable Recurring Payments, product launch, Open Banking, credit card

Atome Financial gets USD 100 mln from HSBC Singapore

News | Ecommerce | 12 Aug 2022

Fintech providing BNPL services and digital finance services, Atome Financial, has announced it received USD 100 million worth of debt facility from HSBC Singapore to boost its flexible deferred payments business across Asia.

fintech, financial inclusion, BNPL, online banking, digital banking, funding, crowdfunding, Unicorn, digital payments, digitalisation, instalment payments

HSBC to sell its Russian unit to Expobank

News | Payments General | 22 Jul 2022

HSBC has agreed to sell its Russia business to Expobank, signing a deal shortly before Moscow said it would move to block the sale of foreign banks' Russian businesses in retaliation for restrictions imposed on its own lenders.

banks, Russia Ukraine War

Finastra, HSBC partner for BaaS FX

News | Online & Mobile Banking | 14 Jul 2022

Finastra and HSBC have partnered to distribute HSBC’s FX services via Finastra’s FusionFabric.cloud platform under a Banking-as-a-Service (BaaS) experience. 

 

partnership, BaaS, digital banking

HSBC Egypt launches Green Personal Finance

News | Payments General | 20 Jun 2022

HSBC Egypt has launched Green Personal Finance for its retail customers in Egypt, aiming to support clients on their journeys to a net zero carbon future.

banks, product launch, sustainability , ESG, retail

HSBC, ONE Esports partner to tackle financial fitness

News | Online & Mobile Banking | 15 Feb 2022

HSBC and ONE Esports, an esports media platform and subsidiary of Group ONE Holdings (ONE), have announced a new partnership that will reportedly change the way players engage with esports.

HSBC, partnership, gaming, financial services

HSBC launches digital wallet for SMEs in Malaysia

News | Online & Mobile Banking | 20 Jan 2022

HSBC Malaysia has launched the HSBC Global Wallet, a multi-currency digital wallet that allows SMEs to make and receive international payments from a single global account.

HSBC, SMEs, digital wallet, cross-border payments, digital banking

Coupa partners with HSBC to offer virtual cards

News | Payments General | 13 Jan 2022

Coupa Software, a Business Spend Management platform, has partnered with HSBC under its Coupa Pay offering.

product launch, spend management, partnership, accounts payable, supply chain finance