Tom Wood’s Post

CBDCs offer faster settlements: Citi survey of global securities firms: The year-on-year growing support CBDCs is supported by ongoing domestic pilots and cross-border initiatives in various jurisdictions, banking giant Citi found.

CBDCs offer faster settlements: Citi survey of global securities firms: The year-on-year growing support CBDCs is supported by ongoing domestic pilots and cross-border initiatives in various jurisdictions, banking giant Citi found.

The Global Private Banking function needs the wealth management of ultra-high-net-worth and high-net-worth customers at any esteem financial institutions or banks like HSBC. I am really happy to share my success with all my #connections and few points of this course which impact me alot were: 1) We understand our customers’ needs and design, market and sell products and services that recognize their long-term interests. 2) We provide products and services that offer a fair exchange of value and do not undermine market competition. 3) We service our customers’ ongoing needs and ensure products and standards of service continue to have a positive impact. 4) We act with integrity in the financial markets we operate in. 5) We operate resiliently and securely to avoid harm to customers and markets. #finance #bankingindustry #careerdevelopment #wealthplanning #hsbc

That’s one way for a #Fintech to welcome a competitor. Ant just not any competetior but one of the largest global banks - HSBC. Nicely done Wise 👏👏 Will be interesting to see how this all plays out in our markets in #UAE #KSA and #MENA where large expat populations make heavy cross-border payments to all major countries. #Fintech #internationalpayments #FintechTuesdays #competition #payments #crossborderpayments #innovation #smartmarketing

#fintech - Wise this was inevitable based on the success and innovation you brought to the money movement space. HSBC exited #canada but has strong retail banking offerings across the UK, LATAM, Asia, etc. They will see huge growth with #zing. It would be interesting to watch how the money movement products will add value when larger countries connect their real-time rails directly with each other #realtimepayments

Keeping track of multiple bank accounts globally can be a challenge. HSBCnet, our award winning banking platform, gives businesses central access to local and international accounts for better visibility and efficiency. Find out more. https://grp.hsbc/6042PidSA #InternationalBusiness #InternationalBanking #Crossborder

Keeping track of multiple bank accounts globally can be a challenge. HSBCnet, our award winning banking platform, gives businesses central access to local and international accounts for better visibility and efficiency. Find out more. https://grp.hsbc/6045PlukR #InternationalBusiness #InternationalBanking #Crossborder

We each have a part to play in shaping tomorrow for the better. I've divested of HSBC- my first and primary bank account- due to their exposure to the 'defense' industry and their rating by Ethical Consumer. We can fool ourselves into thinking: - Far off atrocities do not concern us - We are too small to matter The world is incredibly interconnected. Whatever your capacity to act, make your interactions with the world reflect your values. Switching was actually super easy. Happy to talk through switching and how I got comfortable securely banking with a neobank with those looking to leave unethical banking behind. Shout-out to Starling Bank for providing a genuine alternative.

Fantastic to see that there are more organizations rising up against hidden fees, poor exchange rates, long delays and the other practical problems that plague hard-working people sending money across borders every day. One billion people across the world rely on remittances according to the The World Bank. CoinZoom has always offered free international P2P transfers through our ZoomMe product - and we welcome all who join us in helping meet the World Bank goal of reducing average global remittance fees from 6% to 3% by 2030. #coinzoom #blockchaintechnology #zoomme

This is what democratic capitalism is all about. It’s all about providing a choice to the consumer with better products while continuously innovating, cutting costs and avoiding waste. I want to see more of this, not less. #wise #zing #hsbc #paymentsinnovation