Tag "HSBC"
HSBC Executes First Tokenised Physical Gold Trades
HSBC announced the first trades tokenising the ownership of physical gold held in HSBC’s London vault, using distributed ledger technology (DLT). HSBC has developed this capability by creating a ‘digital twin’ of an existing physical asset – specifically loco London
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Swiss Metaco Supports in HSBC’s New Digital Assets Custody Service
HSBC is set to introduce a new custody service for managing digital assets like tokenised securities, aimed at its institutional clients. This service is expected to start in 2024 and will work alongside HSBC‘s existing digital platforms, including Orion for
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Money20/20 Europe Unveils Speaker Lineup
Money20/20 unveils its agenda for the upcoming Europe show in Amsterdam, June 6-8th. Over 300 speakers are expected to join Money20/20 Europe this year. They include top executives from global banks including HSBC, Barclays, Deutsche Bank, NatWest, and Citi; cutting
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Diana Biggs Joins Crypto Fund 1k(x) as Partner From Digital Asset Company Valour
Crypto ecosystem growth fund 1k(x) has appointed Diana Biggs as Partner to drive partnerships that bolster its portfolio’s integration into real world applications. Biggs was previously Chief Strategy Officer at Valour where she served as CEO of its digital asset
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SWIFT and Capgemini Successfully Interlink CBDCs for Cross-Border Payments
SWIFT and Capgemini have achieved CBDC-to-CBDC transactions between different distributed ledger technology networks based on Quorum and Corda technologies, as well as fiat-to-CBDC flows between these networks and a real-time gross settlement system. The experiment showed that the blockchain networks
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Oracle NetSuite Launches Accounts Payable Automation With HSBC
Oracle NetSuite has launched a solution which embeds HSBC’s banking services in NetSuite’s cloud enterprise resource planning system to allow vendor payments to be made from within the platform. The new NetSuite AP Automation solution is said to shorten accounts
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UK Fintech Monese Secures US$35M Investment From HSBC Ventures
UK-based money app Monese has received a US$35 million investment from HSBC Ventures, bringing the total amount it has raised so far to US$208 million. The investment is said to be part of a broader strategic partnership that focuses on
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Report: 53% of Global Population Set To Embrace Digital Banking By 2026
With the pandemic accelerating digital adoption across the globe, the popularity of digital banking has soared through the roof. Around 35% of customers adopted online banking, with 30% specifically increasing their use of mobile banking, since COVID-19 struck last year. According
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Finastra, R3 Und 7 Führende Banken Entwickeln Distributed-Ledger-Technologie-Plattform Für Die Konsortialkreditwirtschaft
Finastra und sieben führende Banken entwickeln gemeinsam einen Online-Marktplatz, um für mehr Transparenz und Effizienz im Konsortialkreditmarkt zu sorgen. Auf Grundlage der Corda-Plattform von R3, die auf der Distributed-Ledger-Technologie (DLT) basiert, zeigt Fusion LenderComm Kreditgebern in Echtzeit Kreditverträge, Rückstellungen, Bilanzpositionen und detaillierte
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