HSBC US Commercial Banking Introduces Digital Partner Platform to Enhance Services for Clients and Streamline Partnerships
16 October 2018 - 3:00AM
Business Wire
Series of Application Program Interfaces
(APIs) will Enrich Client Experience and Improve Access to Products
and Services
HSBC US Commercial Banking announced that it will launch a
Digital Partner Platform to improve client experience for corporate
customers of all sizes through digital enhancements and
partnerships. The platform will also streamline the ability for
third-parties, like FinTechs, to partner with HSBC so that
companies, from startups with $5 million in revenue to
multinational corporates with $5 billion in revenue, can benefit
from easier access to HSBC’s products and services.
The Digital Partner Platform will launch in early 2019 through a
series of APIs, beginning with one designed to digitize commercial
onboarding. This will enable a much simpler and more efficient
client experience and allow companies to directly apply for
commercial banking accounts online through the digital properties
of HSBC or its partners.
“Our corporate clients expect value-added digital connections
from their banking partner,” said EJ Achtner, US Head of Digital
Banking for HSBC Commercial Banking. “As we expand this platform,
our intention is to create a digital ecosystem that gives clients
access to the tools they need to grow and succeed.”
Throughout 2019, HSBC plans to expand the platform to allow
cross-border account opening across select international markets
while giving partners the ability to participate in the
ecosystem.
Notes to editors:
HSBC Commercial Banking
For over 150 years we have been where the growth is, connecting
customers to opportunities. Today, HSBC Commercial Banking serves
more than two million businesses across the world, ranging from
small enterprises focused primarily on their home markets through
to corporates operating across borders. Whether it is working
capital, term loans, trade finance or payments and cash management
solutions, we provide the tools and expertise that businesses need
to thrive. As the cornerstone of the HSBC Group, we give businesses
access to a geographic network covering more than 90% of global
trade and capital flows. For more information visit:
http://www.hsbc.com/about-hsbc/structure-and-network/commercial-banking
HSBC Bank USA, National Association (HSBC Bank USA, N.A.)
serves customers through retail banking and wealth management,
commercial banking, private banking, and global banking and markets
segments. It operates bank branches in: California; Connecticut;
Delaware; Washington, D.C.; Florida; Maryland; New Jersey; New
York; Pennsylvania; Virginia; and Washington. HSBC Bank USA, N.A.
is the principal subsidiary of HSBC USA Inc., a wholly-owned
subsidiary of HSBC North America Holdings Inc. HSBC Bank USA, N.A.
is a Member of FDIC. Investment and brokerage services are provided
through HSBC Securities (USA) Inc., (Member NYSE/FINRA/SIPC) and
insurance products are provided through HSBC Insurance Agency (USA)
Inc.
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version on businesswire.com: https://www.businesswire.com/news/home/20181015005014/en/
Media:HSBC North AmericaMatt Ward,
212-525-1931matthew.m.ward@us.hsbc.com
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