Search Results for: HSBC

Validus Secures Up to US$50M Facility from HSBC to Strengthen Digital Lending for MSMEs in Indonesia
Finance Fintech News

Validus Secures Up to US$50M Facility from HSBC to Strengthen Digital Lending for MSMEs in Indonesia

EIN Presswire
by EIN Presswire0
Validus has secured a debt facility of up to US$50 million from HSBC under the ASEAN Growth Fund strategy to support financial inclusion for Indonesian MSMEs. Validus, a leading digital SME lending platform headquartered in Singapore, today announced the establishment of a debt facility of up to US$50 million from......
HSBC-Achieves-15%-Uplift-in-Monthly-Card-Spend-Using-FICO’s-AI-Powered-Optimization
Artificial Intelligence Fintech News

HSBC Achieves 15% Uplift in Monthly Card Spend Using FICO’s AI-Powered Optimization

Business Wire
by Business Wire0
The project saw a 15% uplift in monthly spend by customers on their cards, as well as improvements in active card use and share of wallet, without increasing bad debt. HSBC has won a 2024 FICO Decisions Award for AI, Machine Learning and Optimization. Highlights: HSBC is using FICO Platform......
Silent Eight Announces Expansion of Partnership with HSBC To Provide Transaction Screening Solutions
Fintech News

Silent Eight Announces Expansion of Partnership with HSBC To Provide Transaction Screening Solutions

PR Newswire
by PR Newswire0
This expansion will improve the bank’s compliance operations. Silent Eight’s solutions underpin HSBC’s dedication to advance automation and digital enablement. Silent Eight, a leading Regtech firm specialising in partnering with major financial institutions to drive efficiency, increased accuracy and adaptability within their financial crime programmes, announced the expansion of its......
HSBC Continental Europe: Completion of the Sale of Retail Banking Business in France, Including the Sale of HSBC SFH (France)
Banking Finance News

HSBC Continental Europe: Completion of the Sale of Retail Banking Business in France, Including the Sale of HSBC SFH (France)

Business Wire
by Business Wire0
Regulatory News: Further to our announcements of 18 June 2021 and 14 June 2023, HSBC Continental Europe (‘HBCE’) has completed on 1 January 2024 the sale of its retail banking business in France (the ‘Transaction‘) to CCF, a subsidiary of Promontoria MMB SAS (‘My Money Group’). My Money Group and......
Pepper Money to Acquire HSBC’s Mortgage Portfolio in New Zealand
Mortgage News

Pepper Money to Acquire HSBC’s Mortgage Portfolio in New Zealand

Fintech News Desk
by Fintech News Desk0
Pepper Money Limited announces that it has entered into a binding agreement to acquire the New Zealand prime residential mortgage portfolio of The Hongkong and Shanghai Banking Corporation Limited (HSBC), a wholly owned subsidiary of HSBC Holdings plc. The transaction is anticipated to complete in late November 2023 and is......
Pax8 Announces Strategic Relationship and Growth Capital Financing with Global Banking Leader HSBC
Banking Cloud News

Pax8 Announces Strategic Relationship and Growth Capital Financing with Global Banking Leader HSBC

GlobeNewswire
by GlobeNewswire0
Pax8, the leading cloud commerce marketplace, announced that HSBC Innovation Banking will be the company’s primary banking partner. The newly established relationship provides Pax8 with a $50 million line of credit, bolstering the company’s already substantial liquidity position and furthering its growth ambitions. The company notes that they do not......
HSBC Innovation Banking UK Backs Cross-Border B2B Payments Company MODIFI with $100 Million Facility
Banking News

HSBC Innovation Banking UK Backs Cross-Border B2B Payments Company MODIFI with $100 Million Facility

PR Newswire
by PR Newswire0
MODIFI, the global cross-border business payments company, has secured a $100 million debt facility with HSBC Innovation Banking UK to further growth. The partnership with HSBC Innovation Banking is a key component of MODIFI’s refinancing strategy, aimed at diversifying its funding sources with world-class capital providers. This comes on the heels of......
HSBC Launches Global Private Banking in India to Serve Fast-Growing Economy
Banking News

HSBC Launches Global Private Banking in India to Serve Fast-Growing Economy

Business Wire
by Business Wire0
HSBC has launched its Global Private Banking (GPB) business in India to serve high-net-worth (HNW) and ultra-high-net-worth (UHNW) professionals, entrepreneurs and their families. The new business is aimed at clients with investable assets of more than $2 million. “Entrepreneurialism and innovation are fuelling both economic growth and significant wealth creation......
HSBC Launches AI-Powered Equity Index Using AWS
Artificial Intelligence Investment Services News

HSBC Launches AI-Powered Equity Index Using AWS

Business Wire
by Business Wire0
Global investment strategy regularly rebalances portfolio with the aim of providing capital appreciation, inflation protection and stable fixed income returns HSBC announced the launch of the HSBC AI Global Tactical Index (HSBC AIGT), which will use machine learning powered by Amazon Web Services, Inc. in conjunction with equity investing. The......
HSBC Partners With Extend, Accelerating Availability of Expense Management Solutions for Commercial Card Clients
Banking News

HSBC Partners With Extend, Accelerating Availability of Expense Management Solutions for Commercial Card Clients

Fintech News Desk
by Fintech News Desk0
Using their HSBC business cards, joint customers will be able to simplify essential processes Extend, a leading virtual card and spend management platform, announced a partnership with HSBC, one of the world’s largest banking and financial services organizations. HSBC will offer Extend solutions to its commercial card clients in the......
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