Tag "HSBC"
HSBC Shifts R3’s Corda Onto Google Cloud
HSBC announced that it has become the first financial institution to move software firm R3’s blockchain platform Corda Enterprise onto Google Cloud. HSBC said that the move will reduce client onboarding time from months to weeks, improving the client experience
Read More
Silent Eight Bags Multi-Year Partnership to Help HSBC Combat Financial Crime
Silent Eight, a Singaporean regtech using Artificial Intelligence (AI) to combat money laundering and terrorism financing, announced a multi-year partnership with HSBC that will support the bank in enhancing its compliance operations. HSBC selected Silent Eight to improve its manual
Read More
SGX Completes First Digital Bond with Temasek and HSBC using Smart Contracts
Singapore Exchange (SGX), working together with HSBC Singapore and Temasek, has completed its first digital bond issuance on SGX’s digital asset issuance, depository and servicing platform, successfully replicating a S$400 million 5.5-year public bond issue and a follow-on S$100 million
Read More
Spark Systems’ S$15M Round Includes Investments from HSBC, Citi and OSK
Singapore based financial technology start-up Spark Systems announces the successful completion of the first close of Series BB funding round raising a total of S$15m (US$10.5m) from two Tier 1 global banks and a South East Asia focused investment firm.
Read More
12 Companies Score SG$1.2 Mil at The Singapore Fintech Awards 2018
The Monetary Authority of Singapore (MAS) and The Association of Banks in Singapore (ABS) today awarded 12 FinTech companies a total of SG$1.2 million divided for 12 different companies at the Fintech Awards, which took place at the third Singapore
Read More
HSBC Partners 7-Eleven to Expand Cash Access Network to 800 Touchpoints
HSBC Singapore announced its partnership with 7-Eleven, the largest convenience store chain in Singapore, to offer HSBC customers access to more than 300 of its stores for QuickCash withdrawals. HSBC’s partnership with 7-Eleven will expand its total cash access network
Read More
IBM Completes Proof-of-Concept Blockchain-Based Shared KYC
IBM announced the successful completion of the Phase I proof-of-concept (POC) of its Shared Corporate Know Your Customer (KYC) project with Deutsche Bank, HSBC, Mitsubishi UFJ Financial Group (MUFG) and the Treasuries of Cargill, IBM. Through the Shared KYC POC,
Read More
Proof-of-Concept on ASEAN’s first industry Know Your Customer Blockchain Bank Project
OCBC Bank, HSBC and Mitsubishi UFJ Financial Group (MUFG), together with the Infocomm Media Development Authority (IMDA), has become the first consortium in South East Asia to successfully complete a proof-of-concept for a Know Your Customer (KYC) blockchain. This development
Read More
MAS, R3 and Financial Institutions Experimenting with Blockchain Technology
The Monetary Authority of Singapore (MAS) announced that it is partnering R3, a Blockchain technology company, and a consortium of financial institutions on a proof-of-concept project to conduct inter-bank payments using Blockchain technology. This project could potentially avail a payment
Read More
8 Fintech Startups Enter The FinTech Innovation Lab Asia-Pacific
The startups will undergo a 12-week mentorship programme led by senior financial executives in a series of workshops at the Hong Kong-based tech business park Cyberport to commercialise their products. 8 leading financial technology (fintech) companies today begin a 12-week mentorship
Read More