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Asian insurance firm CXA Group raises $25m funding

Singapore based insurtech startup CXA Group has secured $25 million in a funding round led by HSBC, Singtel Innov8, Telkom Indonesia MDI Ventures, Sumitomo...

HSBC tests PayMe for business app

HSBC has introduced PayMe in its P2P banking app with 15 businesses in Hong Kong on-board for its initial beta test. The new service will allow...

HSBC settles $250b of FX transactions using DLT

HSBC has announced that it used distributed ledger technology to settle more than three million foreign exchange transactions using ledger technology. Richard Bibbey, interim global...