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MarketScreener Homepage  >  Equities  >  London Stock Exchange  >  HSBC Holdings plc    HSBA   GB0005405286

HSBC HOLDINGS PLC

(HSBA)
  Report
Delayed Quote. Delayed London Stock Exchange - 01/22 11:35:08 am
407.35 GBX   -1.51%
01/22Energy, mining stocks weigh on British shares
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01/22European ADRs Move Lower in Friday Trading
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HSBC : Biz2Credit launch streamline banking for small businesses

11/13/2020 | 09:11am EST

HSBC Bank USA, N.A., part of HSBC Group, is working with Biz2Credit and using its Biz2X Platform to speed up the approval of small business credit applications for its HSBC Fusion service, according to a press release.

HSBC Fusion is a service for business owners that brings business and personal banking together for a more streamlined way of working and living. The Biz2X Platform's credit decisioning engine is based on artificial intelligence and a configurable lending rules engine that provides faster and more accurate credit decisions. Additional benefits of the platform include:

  • The ability to automatically approve loan or line increase requests up to $100,000.
  • Coverage of origination and credit line increases for small business credit products, including credit cards, term loans and lines of credit.
  • Ease-of-use for HSBC staff processing loan applications through a new staff portal built on Biz2X.
  • Credit rules that feature advanced neural network models to ensure fast loan decisions.

"Our partnership with HSBC Fusion opens the flow of capital to small business owners. Through this offering we are helping entrepreneurs bolster their finances, save time and gain quick, easy access to capital," Rohit Arora, CEO of Biz2Credit and Biz2X said in the release. "For Biz2Credit, it represents another step in the growth of our Biz2X Platform globally."

Copyright © 2020 Networld Media. All rights reserved., source Industry News

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Financials (USD)
Sales 2020 49 996 M - -
Net income 2020 3 533 M - -
Net Debt 2020 - - -
P/E ratio 2020 32,5x
Yield 2020 1,68%
Capitalization 113 B 113 B -
Capi. / Sales 2020 2,26x
Capi. / Sales 2021 2,30x
Nbr of Employees 230 317
Free-Float 98,2%
Chart HSBC HOLDINGS PLC
Duration : Period :
HSBC Holdings plc Technical Analysis Chart | HSBA | GB0005405286 | MarketScreener
Technical analysis trends HSBC HOLDINGS PLC
Short TermMid-TermLong Term
TrendsBullishBullishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 24
Average target price 5,32 $
Last Close Price 5,57 $
Spread / Highest target 32,9%
Spread / Average Target -4,50%
Spread / Lowest Target -25,3%
EPS Revisions
Managers and Directors
NameTitle
Noel Paul Quinn Group Chief Executive Officer & Executive Director
Mark Edward Tucker Non-Executive Group Chairman
John M. Hinshaw Group Chief Operating Officer
Ewen James Stevenson Chief Financial Officer & Executive Director
Steven C. van Wyk Chief Information Officer
Sector and Competitors