HSBC is following in the footsteps of JPMorgan Chase and Bank of America by adding new branches in the U.S....
HSBC has launched Face ID in 24 countries to allow clients to log into the HSBCnet app; HSBC is becoming...
HSBC’s U.S. retail division has struck two new financial health partnerships with Everfi and GreenPath Financial Wellness; “This is about...
Neptune Financial is a San Francisco online commercial lender that focuses on businesses with $10 – $100 million in assets;...
HSBC is looking to leverage AI to predict how customers might redeem rewards points; the bank is looking to market specific offerings to the person so they get a tailored experience; the bank has partner with Maritz Motivation Solutions who uses technology to suggest categories to cardholders based on their likeliness to redeem the rewards; with so much competition in the market the bank knows they need to better tailor their experience to the different types of customers they have. Source.
A new report by BNY Mellon and the UN point to flaws in design and marketing that make financial products less available to women than men; the report finds financial firms are missing out on $7bn in credit card revenue, $14bn in personal loans and $4bn in housing; TearSheet sat down with a former financial services marketer in their latest Confessions series to talk about these issues; the interview covers the misconceptions in marketing to women customers, why women are still viewed as a niche customer when they are the majority and that banks don’t really understand their customers. Source.
While most banks have spent the better part of the last few years figuring out how to improve their technology...
Regional banks like Huntington Bank find themselves stuck in the middle of the innovation wave; they are not big enough...
The shared platform uses distributed ledger technology and focuses on domestic and cross-border commerce; the consortium of banks includes Deutsche Bank, HSBC, KBC, Natixis, Rabobank, Societe Generale, UniCredit Banco Santander; you can use the platform from any connected device for managing, tracking and securing trade transactions. Source.
The blockchain sector is beginning to gain some promising traction and Big Tech remains keenly aware of the potential impact...