In a panel session entitled ‘Fighting financial crime: Taking a collaborative approach,’ participants discussed how real-time payment systems are helping to tackle fraud.
Collaboration, common standards, and seamless connectivity are clearly needed for financial institutions around the world to embark on this new era of digitalisation. From interoperability to privacy concerns, the adoption… read more →
The collaboration leverages HSBC’s banking network and solutions while integrating Dowsure’s data-oriented solutions for e-commerce. In addition to the collaboration, HSBC Ventures has made a strategic investment in Dowsure. The… read more →
Since its inception, globalisation has posed the question of connectivity. And with forces of fragmentation – whether competition, geopolitical, or technological – intensifying today, how can we ensure the global… read more →
After G20 leaders endorsed the Roadmap for Enhancing Cross-border Payments in 2020, the international forum has mandated significant improvements in cross-border payment processing by 2027. Improving the speed, transparency, and… read more →
The service enables Chinese businesses to receive payments through local clearing systems– a cheaper option than setting up foreign accounts. The HSBC virtual account solution also enables Chinese businesses trading… read more →
The Vienna-based financial service provider will implement Traydstream’s platform to process export letters of credit, amendments, and document scrutiny: areas which have traditionally required manual processing. The partnership, announced on… read more →
Mastercard has launched an ambitious new service to speed up commercial cross-border payments in light of surging international trade flows.
With banks constantly looking to achieve growth objectives and remain competitive, middle-market growth corporates present an opportunity hidden in plain sight. These companies, which in some cases reach $1 billion in annual revenue, are in fact large enterprises in the making: attractive targets for banks.
It’s hard to ignore the continued growth and influence coming out of Asia for trade. Asia’s trade growth continues to surge, with the Asian Development Bank (ADB) forecasting 5% growth in 2024, driven by strong domestic demand and recovering exports. Regional integration and modern trade agreements are enhancing resilience in key sectors like food and technology. Asia also benefits from rising demand for tech exports, particularly semiconductors, driven by AI. However, risks such as geopolitical tensions and protectionism remain.
