HSBC
Business leaders, investors look to AI amid volatility – HSBC Survey
Artificial intelligence (AI) and technology are now among the leading drivers influencing international expansion and capital deployment strategies, HSBC recent survey showed.
Singapore businesses see opportunity in sustainability but funding needs persist – HSBC
Singapore-based businesses are among the most advanced in the region in turning sustainability ambition into implementation, but the survey suggests funding needs are still an important constraint on further progress, according to HSBC’s Sustainability Pulse Survey.
Ant International and HSBC test new cross-border payments solution using tokenized deposits on Swift’s network
Ant International, HSBC and Swift have on Wednesday completed a successful Proof of Concept (POC) for the cross-border transfer of tokenized deposits using ISO 20022 standards.
ASEAN could unlock $2T digital future by 2030 – HSBC, Google Cloud
HSBC and Google Cloud released last Thursday its Digital Frontiers 2030 report, which finds that Southeast Asia’s digital economy could reach $1 trillion by 2030, with potential to double to $2 trillion as regional integration and real-time payments accelerate adoption.
HSBC Innovation Banking launches in Singapore with $1.5B funding
Global banking group HSBC announced Wednesday the launch of Innovation Banking in Singapore, a dedicated proposition to further deepen its support to the innovation and venture ecosystem in Singapore and across the region.
HSBC Malaysia provides first $15M asset backed lending to boost Carsome’s growth
HSBC Malaysia said Wednesday that it has recently provided its first asset based lending (ABL) facility of $15 million, to Carsome Certified Sdn Bhd to finance the purchase of refurbished vehicles that would be sold to retail customers.
MAS collaborates with banks and technology partners on quantum security
The Monetary Authority of Singapore (MAS), DBS, HSBC, OCBC, UOB, SPTel and SpeQtral have on Wednesday signed a Memorandum of Understanding (MoU) to embark on quantum security collaboration and study the application of Quantum Key Distribution (QKD) in financial services.
HSBC partners Visa to develop Zing international money app
Global payment firm Visa and banker HSBC have on Tuesday announced the technological collaboration in support of HSBC Group’s new international payments app, Zing.
Hong Kong fintech firm FundPark secures $250M in loan led by HSBC
FundPark, a Hong Kong-based fintech company, has closed an asset-backed securitization (ABS) facility of up to $250 million, of which HSBC will provide up to $200 million as the senior lender.
HSBC provides social loan for Vietnamese biotechnology company Gene Solutions
HSBC has levelled up its strategic partnership with Gene Solutions, a biotechnology company based in Vietnam, through a social loan which allows the firm to continue expanding its healthcare services to Vietnam and ASEAN’s citizens.
