HSBC Extends open Banking Concept to Trade Finance With Launch Of First api (20/21)

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Submitted to "Fintech News Daily 2019: 07-13 October (Open list) (21 submissions)"

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by Christophe Langlois Oct 13, 2019, 3:24 pm

“In an industry-first, HSBC today launched a new trade finance API that gives Financial Institutions (FIs) the ability to build applications for their clients, leveraging HSBCs network and capabilities. For example, FI clients will be able to give clients full visibility of their Guarantees on their own platform even when they are delivered by HSBC to the beneficiary.”

Source: Global Banking & Finance Review

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Written by Christophe Langlois

Based in London for almost a decade, Christophe is an entertaining fintech marketing keynote speaker and a trusted advisor to the global financial services industry on the topics of digital marketing, innovation and B2B social media.

Christophe has contributed to over 140 events in 18 countries.

Currently, Christophe is advising a number of fintech startups on marketing and growth hacking and he is the Chief Marketing Officer of The Fintech Power 50, an exclusive annual programme helping fintech scale-ups to accelerate their growth globally.

Christophe's views on VisibleBanking.com are his own.