The International Finance Corporation (IFC) and HSBC have announced a $1 billion risk-sharing facility designed to boost trade financing for banks in emerging markets across Africa, Asia, Latin America, and the Middle East.
Following an order from the London High Court of Justice, three managing directors from Interpath Advisory, a consulting and restructuring firm, will take over as administrators of Stenn and Stenn… 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 →
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 →
HSBC is entering the embedded finance market with the launch of SemFi by HSBC. This new technology company, a joint venture between the bank and B2B global trade network Tradeshift, aims to deliver Seamless Embedded Finance solutions to business clients.
HSBC has introduced its new e-commerce digital payment platform, Omni Collect, in the UAE in collaboration with Saudi-based FinTech company, Geidea.
Vinay Mendonca, Chief Growth Officer, Global Trade and Receivables Finance at HSBC, sat down with Deepesh Patel at Sibos Toronto to discuss these shifts and how they are influencing trade finance.
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 →
