HSBC looks to AI to unearth data patterns around commercial activity
As DLT initiative brings forth more data, the bank is looking to improve services for corporate clients
HSBC is looking into ways it can use machine-learning applications of artificial intelligence (AI) to unearth patterns in payments and invoice data supporting clients’ commercial activities to enhance its corporate servicing model for foreign exchange transactions.
FX Week understands a distributed ledger technology (DLT) initiative under way at the bank is allowing for much more data on client commercial activities to surface, which could be used to inform predictions for hedging strategies to
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