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Huawei accuses US of overlooking HSBC misconduct
US prosecutors overlooked apparent violations of US sanctions against Iran by HSBC in exchange for the bank’s cooperation with investigation of Huawei. Read more…
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HSBC repurposes crime-spotting tool to scope new business
HSBC has converted a financial crime-spotting algorithm into one that can scope out new business opportunities. Read more…
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HSBC mobile app issues resolved after UK glitch
(Reuters) – HSBC said full service was quickly restored after some customers were temporarily unable to use their mobile banking apps on Friday. The problem was the latest in a series of technical outages at Read more…
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HSBC fights FinTech with FinTech via multi-account app
LONDON (Reuters) – HSBC’s Connected Money app, providing a single platform for users to see their accounts with a range of providers, registered 13,000 downloads within a day of its launch, the British lender’s digital Read more…
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HSBC to combat money laundering with artificial intelligence
As compliance costs continue to rise, HSBC has partnered with AI startup Ayasdi to fight money laundering more efficiently. Ayasdi will help HSBC to automate parts of its anti-money laundering (AML) compliance and investigation processes Read more…