Saturday, May 25, 2024


HSBC chairman Douglas Flint: We welcome “crazy” FinTech ideas

The boss of one of Britain’s biggest banks has said it welcomes “crazy” ideas which come from FinTech startups. Read more:

FinTech is now worth £7bn to Britain’s economy

Chancellor Philip Hammond will call for the 'growing and strengthening' of UK FinTech in a speech at the Treasury's first International FinTech conference. Read more:

HSBC, Tradeshift team to digitize supply chains

HSBC and Tradeshift collaborate on a platform to help businesses digitally manage their supply chains, from supply chain finance to digital documentation. Read more:

HSBC and First Direct to get VocaLink Pay by bank app

VocaLink’s Pay by Bank mobile payment app will soon be available to customers of HSBC and its subsidiary. Read more:

Quantexa scores $3.3m to take on financial crime with data

Financial services big data and analytics company Quantexa has landed a $3.3m investment from Albion Ventures and HSBC. Read more:

HSBC to launch P2P payments app in Hong Kong

HSBC is to launch a P2P mobile payment app in Hong Kong in early 2017, taking on established market operator Jetco. Read more:

HSBC and NAB open API developer portals

HSBC has acted quickly to meet the UK Competition and Markets Authority's decision to require big banks to open up certain data via APIs by the end of the first quarter of 2017. Read more:

Biometrics firm taps former HSBC FinTech leader as CEO

The biometric authentication company Veridium has named a former HSBC FinTech executive, James Stickland, as its new CEO. Read more:

Banks reportedly seek to invest $59m in blockchain startup R3

Originally seeking to raise $200m by offering prospective investors a 90% stake, R3 restructured the deal to $150m in return for a 60% stake in itself. Read more:

Don’t understand the blockchain hype?

Basically, blockchain offers something new and previously unattainable — automated authentication. Read more: