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HSBC has partnered with TreviPay to enhance B2B payments, offering businesses flexible payment solutions and financing at the point of sale. This collaboration aims to streamline transactions by integrating trade credit options into ecommerce platforms, improving cash flow and optimizing resource allocation. With 74% of B2B buyers willing to switch suppliers for better purchasing experiences, the partnership addresses the growing demand for innovative payment solutions in the evolving ecommerce landscape.
HSBC announced a strong financial performance for 2024, with a profit before tax of $32.3bn and total dividends of 87 US cents per share, including a special dividend. The bank plans to open 20 new branches in India and has been recognized as the world's best trade finance bank for the eighth consecutive year, emphasizing its commitment to global trade and young people's empowerment in Hong Kong.
HSBC has been named the World’s Best Trade Finance Bank for the eighth consecutive year in the Euromoney Trade Finance Survey, reflecting the opinions of over 13,000 businesses globally. The bank excelled in various categories, including Client Service, Technology, and Advisory Services, and was recognized as the top trade finance provider in 19 markets, including Hong Kong and the UK. HSBC's extensive global reach and tailored solutions have been pivotal in supporting businesses' growth and navigating complex cross-border transactions.
Vivek Ramachandran
People
The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
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