HSBC flips crime-spotting tool to scope new business

By on
HSBC flips crime-spotting tool to scope new business

Squeezing the most out of its client data.

British bank HSBC has converted a financial crime-spotting algorithm it was forced to build in the wake of a money-laundering scandal into one that can scope out new business opportunities, bank executives said. The system combines data on clients' banking activities, with public data on company ...

Hi! You've reached one of our premium articles. This is available exclusively to subscribers.

It's free to register, and only takes a few minutes.

Once you sign up you'll have unlimited access to the full catalogue of Australia's best business IT content, as well as a daily news bulletin delivered straight to your inbox.

Register now
Got a news tip for our journalists? Share it with us anonymously here.
Tags:
finance financeit hsbc

Most Read Articles

CBA slammed by RBA for stalling New Payments Platform

CBA slammed by RBA for stalling New Payments Platform
TPG 'contemplates' future of sub-$60 NBN plans

TPG 'contemplates' future of sub-$60 NBN plans
Google tries to smash smishing in Messages

Google tries to smash smishing in Messages
NBN Co challenges Australia's $60 broadband 'sweet spot'

NBN Co challenges Australia's $60 broadband 'sweet spot'
You must be a registered member of iTnews to post a comment.
| Register

Whitepapers from our sponsors

Are you getting profitable outcomes from your IT?
Are you getting profitable outcomes from your IT?
Your Microsoft Security journey starts here
Your Microsoft Security journey starts here
Is your AWS framework well-architected?
Is your AWS framework well-architected?
Why you should reassess your cybersecurity posture
Why you should reassess your cybersecurity posture
How will you manage the cloud data deluge?
How will you manage the cloud data deluge?

Events

Log In

Username / Email:
Password:
  |  Forgot your password?