Tag : HSBC

Citizens Financial Group Completes Acquisition of Investors Bancorp
Banking Investment Services News

Citizens Financial Group Completes Acquisition of Investors Bancorp

Fintech News Desk
Citizens Financial Group, Inc announced the closing of its previously announced acquisition of Investors Bancorp, Inc. (“Investors”). “We are pleased to welcome more than 1,600 Investors colleagues to the Citizens family. Together we will drive future growth and deliver long-term value for all our stakeholders.” The acquisition of Investors, along......
HSBC Working with IBM to Accelerate Quantum Computing Readiness
Banking News

HSBC Working with IBM to Accelerate Quantum Computing Readiness

Fintech News Desk
Bank envisions application of quantum capabilities for priorities such as pricing and portfolio optimisation, sustainability, risk and fraud HSBC and IBM announced that they will work together on exploring applications for quantum computing in financial services. The new three-year collaboration is designed to bolster HSBC’s expertise in quantum computing and ensure......
HSBC and Overhaul Announce Venture Debt Financing to Fund Future Growth and Expansion Globally
debt collection News

HSBC and Overhaul Announce Venture Debt Financing to Fund Future Growth and Expansion Globally

Fintech News Desk
Overhaul, the industry’s first and only software-based, supply-chain visibility, integrity, and security solution for leading enterprises shipping freight globally, announced that HSBC Bank USA has provided financing to support innovation and growth ambitions into new, global markets. As Overhaul continues to expand within the supply chain space, the company was drawn......
Wazoku Secures $2 Million in Growth Financing From SaaS Capital
Finance News

Wazoku Secures $2 Million in Growth Financing From SaaS Capital

Fintech News Desk
SaaS Capital, the leading provider of growth debt to software-as-a-service (SaaS) companies, announced that it has provided a $2.0 million line of credit to Wazoku. “As we continue to invest in building our market-leading products and global team to drive innovation at scale outcomes for global brands, we are delighted......
HSBC And IBM Successfully Design And Test Interoperable Multi-Ledger CBDC, Securities And Foreign Exchange Settlement Capability
Currency Exchange Digital Wallet News

HSBC And IBM Successfully Design And Test Interoperable Multi-Ledger CBDC And Foreign Exchange Settlement Capability

Fintech News Desk
Initiative is the Latest Innovation Resulting from Groundbreaking CBDC Experimentations Led by Banque de France HSBC and IBM announced the successful test of an advanced token and digital wallet settlement capability encompassing direct transactions between two central bank digital currencies (CBDC) in a hybrid cloud environment. Several previous initiatives have......
Wells Fargo and HSBC Establish Bilateral Agreement To Settle FX Transactions Through a Blockchain-based Solution
Blockchain News

Wells Fargo and HSBC Establish Bilateral Agreement To Settle FX Transactions Through a Blockchain-based Solution

Fintech News Desk
Strategic agreement between the two companies optimizes settlement of foreign exchange transactions and reduces settlement risk Wells Fargo & Company and HSBC Bank plc announced an agreement to use a blockchain-based solution for the netting and settlement of matched foreign exchange (FX) transactions. Through this agreement, Wells Fargo and HSBC will......
HSBC Asset Management Announces Changes to Its Mutual Fund Series
Banking Fintech News

HSBC Asset Management Announces Changes to Its Mutual Fund Series

Fintech News Desk
HSBC Global Asset Management (Canada) Limited, manager of the HSBC Mutual Funds, announced changes to its mutual funds. The changes include a new D series and capping of its Manager series to new investors. New D series units HSBC Global Asset Management (Canada) Limited has today announced the launch of......
MioTech Raises Additional Financing from J.P. Morgan Asset Management and HSBC Asset Management's Financial Technology Venture Capital Fund
Fintech News

MioTech Raises Additional Financing from J.P. Morgan Asset Management and HSBC Asset Management’s Financial Technology Venture Capital Fund

Fintech News Desk
MioTech furthers its commitment to develop sustainability innovations that support a net-zero global economy MioTech announced that it has secured investments from J.P. Morgan Asset Management and HSBC Asset Management’s Financial Technology Venture Capital Fund. This is an extension to its latest series B+ funding round led by Guotai Junan......
CloudBees
Banking News

CloudBees Signs Multi-Year Deal With HSBC to Provide Fast, Secure, Continuously Compliant Software Delivery

Fintech News Desk
CloudBees has been selected by HSBC as its software delivery platform provider, supporting the bank to provide faster, easier and more secure banking to its 40 million customers. With CloudBees, the international bank will establish a unified end-to-end system of record for deploying software into production. The multi-year agreement, which includes both products......
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