HSBC US Commercial Banking Introduces Digital Partner Platform to Enhance Services for Clients and Streamline Partnerships

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 HSBCa??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,a?? 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.a??

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.
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