Fintech Funding: Capital on Tap secures a $237M credit line
Capital on Tap announced Thursday that it has secured a $237 million credit line from $3.8 trillion JPMorgan and investment ...
Tag: HSBC
Transactions: Discover, HSBC select IBM for cloud and quantum computing
Discover announced today that IT consultancy IBM will shift the card provider’s core processes onto a hybrid cloud. IBM will ...
HSBC tech spend climbs to $6B in 2021
HSBC plans to boost its technology spend to 21% of its operating expenses by 2025 as the bank experiences increased ...
Santander rushes to recoup £130 million mistakenly paid out to U.K. accounts
Banco Santander SA is racing to retrieve 130 million pounds ($175 million) paid out to thousands of British customers in ...
Listen: Weekly Wrap examines wholesale CBDC foreign exchange
In this Weekly Wrap episode of "The Buzz" podcast, the Bank Automation News editors discuss HSBC and IBM's use of ...
HSBC, Wells Fargo use distributed ledger technology in FX payment trade
HSBC and Wells Fargo are performing Payment vs Payment (PvP) foreign exchange trade settlements using distributed ledger technology. The system ...
IBM and HSBC complete wholesale CBDC transactions on distributed ledger
The digital ledger technology hits keep coming this month as HSBC and IBM today announced they’ve successfully used distributed ledger ...
How 6 big banks are leveraging the AWS cloud
Large financial institutions have moved beyond using Amazon Web Services (AWS) for infrastructure, expanding into machine learning (ML), text extraction ...
How to keep a data lake from becoming a swamp
Creating a central repository of data, or a "data lake," can enhance bank systems' interoperability and data utilization, but the ...
Oracle expands its banking footprint with ERP cloud-based solution
The Oracle Corporation’s cloud-based enterprise resource planning (ERP) consolidating ledger has been implemented by Bank of America across 33 countries ...
