HSBC launches Digital Receivables Finance capability
October 20, 20224 min
Digital application process slashes approval times from months to days
HSBC and Silent Eight Expand Machine Learning Partnership
October 12, 20223 min
Silent Eight announced an extension to its existing partnership with HSBC to tackle financial crime. The new service will cover the deployment of Negative News Screening that leverages machine learning to identify individuals who pose a greater risk for money laundering, fraud or terrorist financing. As financial crime continues to present a challenge, banks need to pivot to an increased use of Machine Learning within compliance, and move away from manual processes or alert scoring....
HSBC launches digital platform that revolutionises trade finance
October 7, 20224 min
HSBC has launched HSBC Trade Solutions (HTS) to customers in its two largest markets – the UK and Hong Kong. Whilst making trade simpler, faster, and safer for customers through integrated digital journeys, HTS will power commerce that is rapidly evolving across different platforms and ecosystems.Developed in partnership with CGI (NYSE: GIB) (TSX: GIB.A), the new platform allows clients to originate and manage all their trade finance products online. HTS leverages an API-native, modular design and flexible...