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Asian insurance firm CXA Group raises $25m funding

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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

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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

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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...