HSBC networking platform for business customers

Singapore

HSBC is playing online matchmaker for its business customers, offering Singapore clients here a chance to interact with potential overseas partners who are already part of the international bank's network.

This reflects yet another new strategy by banks and fintechs to make relationship-building among banking customers more efficient through the use of technology.

HSBC's business customers in Singapore, Canada, mainland China, Hong Kong, India, Mexico, the UK and the USA can now sign up to the new service, known as HSBC Connections Hub, for free. More countries and territories will be added in the second half of the year, the bank said on Tuesday.

The digital platform, said HSBC, allows the bank's customers to make use of HSBC's global network to connect with trusted buyers and sellers around the world. "Users can perform targeted searches and be assured that the companies they interact with on the HSBC Connections Hub have gone through the same due diligence checks and ve…