Editorial credit: Shutterstock.com HSBC has secured the debut partner for its HSBC Flexipay platform, the company’s answer to the rising popularity of buy now, pay later (BNPL). The bank, one of the…
Tag: HSBC
HSBC commits to keeping local bank branches open until 2026
Editorial credit: Shutterstock.com British banks are facing mounting pressure to ensure continued access to cash for the general public, leading some to commit to maintaining branches open. According to The Mail on…
HSBC, Virgin Money, Barclays and Nationwide hit by payments outages
Credit: chrisdorney, Shutterstock Three of the UK’s biggest retail and online banks saw an outage to their services on Friday (29 June), affecting customers at a time when payslips and bills are…
HSBC fined £6.2m for endangering 1.5 million people
Editorial credit: Shutterstock.com The Financial Conduct Authority (FCA) has fined HSBC UK Bank plc, HSBC Bank plc, and Marks and Spencer Financial Services plc (HSBC) a total of £6.2m. The FCA imposed…
HSBC, PayPal and others join EPAA quantum-safe cryptography working group
Credit: Jesse33, Shutterstock The Emerging Payments Association Asia (EPAA), a regional payments trade body in Asia, has formed a working group to assess adoption of quantum-safe cryptography. EPAA made the announcement at…
Mastercard virtual card app goes live with HSBC and Westpac
Credit: rafapress, Shutterstock Mastercard has launched a mobile virtual card app targeting financial institutions with HSBC and Westpac the first clients for the new offering. The firm aims to offer these companies…
HSBC to boost M&S credit card benefits via digitisation
credit: Shutterstock HSBC UK and M&S have signed a new agreement that focuses on digitising the latter’s credit card and payment solutions to provide additional benefits for customers. The new agreement will…
HSBC supports companies in “Google Cloud Ready – Sustainability” ecosystem
Image courtesy of Shutterstock.com HSBC has partnered with Google Cloud to accelerate climate mitigation and resilience, offering finance support for companies in the programme. The ‘Google Cloud Ready – Sustainability’ programme –…
HSBC hit with £57.4m fine for depositor protection failures
Credit: Shutterstock One of the UK’s largest banks has been fined £57.4m by the Prudential Regulation Authority (PRA) for failing to meet the Bank of England’s Depositor Protection Rules (DPR). HSBC, both…
Wise accuses HSBC of hidden fees “contributing to breakdown in trust in banks”
Image licensed by Shutterstock.com Wise has reported that HSBC has the highest fees for exchange rates, with some fees hidden from its customers. The payment infrastructure provider has studied exchange rates between…