HSBC has introduced its new e-commerce digital payment platform, Omni Collect, in the UAE in collaboration with Saudi-based FinTech company, Geidea.
The International Trade and Forfaiting Association (ITFA) has announced that it will provide its members with access to an industry framework for open account distribution.
HSBC today announced the launch of HSBC TradePay, an industry first, document free trade finance solution that enables clients to instantly drawdown trade loans and pay suppliers. HSBC TradePay is… read more →
The majority of UK law firms (74%) say their IT spending has increased since 2021, according to new research from HSBC UK and Briefing. Part of the reason for this… read more →
HSBC has unveiled a digital platform that enables both business and corporate clients to establish accounts for multiple commercial entities across various markets, all from a single location. Through a… read more →
The FIT Alliance, formed of BIMCO, DCSA, FIATA, ICC, and Swift, has initiated the “Electronic Bill of Lading Declaration” to enhance the efficiency, reliability, sustainability, and security of global trade through the use of electronic Bills of Lading (eBLs).
Business and Trade Secretary Kemi Badenoch officially signed the accession treaty to the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) in New Zealand, marking the beginning of the UK’s… read more →
HSBC has announced a £15 billion lending fund for UK SMEs, to help expand access to the market and grow existing businesses. This SME lending fund is part of a… read more →
Today, HSBC unveiled a pioneering banking solution in Hong Kong, introducing point-of-sale financing for business-to-business (B2B) transactions. This offering will empower B2B sellers on online platforms to provide extended payment… read more →
The world’s SMEs need £24.7 trillion worth of financing to close the trade finance gap, with UK SMEs needing an estimated £580 billion, the chief economist of the trade credit… read more →
Over the next 12-24 months corporates in Asia Pacific are looking to move more of their supply chains closer to home. According to HSBC’s latest report ‘Global Supply Chains –… read more →
The government of Hong Kong has announced the successful sale of the world’s first tokenised green bonds worth roughly HK$800 million ($102 million). The Hong Kong Monetary Authority (HKMA) launched… read more →
The European Investment Bank (EIB) said on Tuesday it had launched its first sterling-denominated digital bond on a private blockchain, in partnership with BNP Paribas, HSBC and RBC Capital Markets.… read more →
Greek companies engaged in international activities will benefit from a new €200 million trade finance partnership between the European Investment Bank (EIB) and HSBC Bank plc announced in Athens today,… read more →
On November 15 a group of major banks including Citigroup, HSBC, BNY Mellon, Wells Fargo and the Federal Reserve Bank of New York initiated a 12-week digital dollar pilot. The… read more →