The bank will join the IBM Quantum Accelerator program. HSBC and IBM announced that they will work together on exploring applications for quantum computing in financial services. The new three-year collaboration is designed to bolster HSBC’s expertise in quantum computing and ensure its organizational readiness to take full advantage of…
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Mobile-first digital wealth solutions. HSBC Bank (Singapore) introduced one of Singapore’s first instant digital banking registration using Singpass login details. The launch is part of a suite of mobile-first banking and wealth enhancements that HSBC has introduced since 2020 to support customers’ increasing preference to bank and invest virtually. HSBC…
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Financial institution to move Corda Enterprise Blockchain on to Google Cloud. HSBC has moved to software firm R3’s blockchain platform Corda Enterprise on to Google Cloud. The move will cut client onboarding times from months to weeks, improving the client experience and significantly reducing costs. The bank currently uses R3’s…
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As profits dropped due to the global pandemic in 2020, global financial institution focuses on agility and digital mindset HSBC has reported profit after tax down 30 per cent to US$6.1bn and reported profit before tax down 34 per cent to US$8.8bn from higher expected credit losses and other credit impairment…
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New hire must be able to communicate any security issues that arises from potential acquisitions and big business moves. HSBC Australia is looking to ramp up its cybersecurity, with a new chief information security officer (CISO) in Australia. According to recent job advertisement, the CISO will be responsible for defining…
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Robots can use machine vision to interact in their surroundings. Helen Fang, robotics and automation analyst at HSBC gave an insight into robots and how they can see more clearly than ever. These types of robots can help reshape factories worldwide and benefit industries ranging from electronics to pharmaceuticals, wrote…
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Cloud technology will help drive innovation, automate key processes, and enhance operational efficiency. Global financial institution, HSBC will drive its digital transformation and personalised banking services, with Cloud technology provided by Amazon Web Services (AWS). Dinesh Keswani chief technology officer and CIO for digital at HSBC said, as part of…
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