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Why banks will push ahead with offshoring
Comment Organisations such as HSBC and Morgan Stanley set up captive shared service centres in locations such as Mumbai and Chennai for the provision of predominantly IT and transactional back-office functions including... [10 Feb 2009]
Banks could play copycat over HSBC card fraud move
News A move by HSBC to combat card fraud is likely to be followed by other banks, industry watchers believe. According to reports, HSBC is set to deploy a system that will analyse every credit card... [20 Jan 2009]
IT staff hit by 1,150 job cuts at HSBC, Credit Suisse
News IT workers will be among 1,150 staff to lose their jobs at financial giants HSBC and Credit Suisse. Most of HSBC's cuts will take place at the bank's London headquarters in Canary Wharf but regional... [02 Dec 2008]
Met Office strikes data deal with HSBC
News The Met Office has struck an agreement with HSBC to provide weather and climate change data to the bank's fund managers.silicon.com Financial Services The Met will be providing HSBC fund managers with... [13 Oct 2008]
HSBC computer fault denies customers account access
News HSBC customers were denied access to their bank accounts at the weekend after an upgrade to a telephone banking system caused a fault in its database. Shoppers across the UK trying to use their HSBC... [25 Feb 2008]
HSBC rolls out free convenience store ATMs
News High street bank HSBC has struck a deal with the Federation of National Retail Newsagents (FNRN) to roll out an unspecified number of free ATMs in convenience stores across the UK, in collaboration with hardware provider... [22 Jan 2008]
Top banks get serious about going green
News Head of group sustainable development at HSBC, Jon Williams, explained what his company is doing to improve its environmental standing. According to Williams, HSBC became the world's first carbon-neutral... [02 Nov 2007]
Is cash costing you three days per year?
News Visa is working with member banks including Barclays, HBOS, HSBC, Lloyds TSB and RBS to offer a product called payWave. Sign up for the FS newsletter today! London commuters are wasting precious time by... [29 Oct 2007]
Faster bank transfers delayed to next year
News The 13 financial organisations are: Abbey, Alliance & Leicester, Barclays, Citibank, Co-operative Bank, HBOS, HSBC, Lloyds TSB, National Australia Group, Nationwide Building Society, Northern Bank, Northern Rock and... [15 Aug 2007]
Faster payments plan slows down
News The 13 financial organisations - which account for more than 95 per cent of all payments made in the UK - are: Abbey, Alliance & Leicester, Barclays, Citibank, Co-operative Bank, Northern Bank, HBOS, HSBC, Lloyds TSB,... [13 Jul 2007]
Vodafone rings up free mobile banking service
News The service, run over the Monilink mobile banking network, allows users to access banks including Alliance & Leicester, First Direct and HSBC to check their balance, request a mini-statement and top up pay-as-you-go... [10 Jul 2007]
Barclays rings in dot-mobi banking
News First Direct and HSBC launched a mobile banking service last year which charges customers a set amount each time they use certain services. Sign up for the FS newsletter today! High street bank Barclays... [23 May 2007]
Visa to kick off contactless cards this autumn
News The Visa contactless card will be launched in partnership with banks including Barclays, HBOS, HSBC and Lloyds TSB. Sign up for the FS newsletter today! Visa is to launch contactless 'wave and pay'... [04 May 2007]
HSBC pushes mobile ads via Bluetooth
News HSBC is trialling Bluetooth technology to send advertising and promotional messages to the mobile phones of people passing two of its London branches. The trial has been running at two HSBC branches in... [02 Apr 2007]
RE:Viewing 2006: The year in financial services
News In June HSBC suffered a high-profile security breach at its offshore data processing unit in Bangalore which led to £233,000 being stolen from the accounts of a small number of UK customers. Sign up for the... [19 Dec 2006]
