The COVID-19 Pandemic threw a spanner in the workings of the entire global economy. But the African continent, where the financial market ecosystem was fledging, was hit adversely hard. In… read more →

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 →

The collaboration, underpinned by BNY’s Trade Network Access Service, enables mutual access to each institution’s Relationship Management Applications (RMAs), significantly streamlining international trade processes. Jennifer Barker, Global Head of Treasury… 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 →

Hong Kong’s role as a conduit for international investment into mainland China has reached new heights, with cross-border trading volumes hitting record levels in 2024.  “Hong Kong is that rare… read more →

Africa’s population has swelled to account for around 17% of the world’s population. Over the same period, according to figures from the African Development Bank (AfDB), Africa’s share of global trade has decreased from 4.4% to just 3%. This paradox, in part, is the result of a lack of access to and awareness of trade finance solutions from banks on the continent.

Gender diversity in trade finance and transaction banking remains a significant challenge. As the industry grapples with this gender gap, innovative approaches will be necessary to foster a more inclusive… read more →