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HSBC rolls out openly accessible API portal for customers, developers

Portal will allow testing, integration with the bank’s API solutions

Jaspreet KalrabyJaspreet Kalra
June 7, 2021
in All Posts
Reading Time: 1 min read
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HSBC has launched an application programming interface (API) portal to provide developers and customers access to the $2.98 trillion bank’s software gateways.

Photographer: Luke MacGregor/Bloomberg

The portal will allow users to access treasury payment, account information, trade processing, custody holding and global disbursement APIs through the London-based bank. It also allows third-party providers to access payment and account information APIs for retail, business and corporate banking in 15 markets, including the U.K., Bahrain and Hong Kong.

“By opening up our API suite to customers and developers, we’re enabling them to rapidly integrate our solutions into their own products,” Nadya Hijazi, head of digital, global liquidity and cash management at HSBC, said in a statement.

Flagstone, a London-based, wealth and investment management firm, was the first to try out the portal, the bank said.

“HSBC’s API Developer Portal gives us access to the right APIs to streamline our integration with the bank,” Malcolm Leach, chief technology officer at Flagstone, said in a statement. “As a result, we spend less time working on the technical detail, and we are free to focus on our enhanced proposition.”

The bank will regularly update the portal with more API solutions during the coming months and will continue to make enhancements to the customer and developer experience. The portal will house all the bank’s regulatory and non-regulatory APIs, according to the statement.

HSBC did not respond to questions seeking additional details on the offering by press time today.

Bank Automation News will host a webinar on automation technology for better risk management and security on June 15 at 11:30 am ET. Register for the webinar.

Tags: APIsHSBCPremiumUK
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