HSBC flips crime-spotting tool to scope new business

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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 ...

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finance financeit hsbc

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