HSBC launches mobile app

CEBU, Philippines — Following the approval of the Bangko Sentral Ng Pilipinas (BSP) to roll out its sophisticated digital banking platform, HSBC Philippines launched HSBCnet Mobile app.

“It is a significant milestone for HSBC Philippines to introduce biometrics for our corporate banking clients using our digital banking platform, HSBCnet. These developments clearly help us meet our client’s needs in this fast-paced digital world," said Wick Veloso, HSBC President and CEO for the Philippines.

The global bank has recently received approval from BSP to release an app called HSBCnet Mobile, allowing authorized users to access their corporate bank accounts and cash management services using their smart phones.

The HSBCnet Mobile app is available for free download from the App Store and Google Play Store since April 11 April 2018. This also supports Touch ID and Face ID, specifically on Apple iPhones.

Using fingerprint and facial recognition rather than a password is more intuitive and easier to set up, while simultaneously ensuring digital banking as its most secure.

“We continue to leverage on technology and innovation to provide clients with digital products and services that are simple, convenient and secure," added Veloso.

The HSBCnet Mobile app allows its clients to access their accounts globally by utilizing the latest technology in the area of security and biometrics. The new, intuitive user interface allows senior business executives to view account balances, recent transactions and approve payments from anywhere and at any time.

The HSBCnet Mobile app is a major step towards allowing chief financial officers, treasurers and their teams to work more flexibly and securely, while staying connected to their core functions and responsibilities.

By developing digital solutions, HSBC aims to continuously deliver the most secure and convenient banking services to its clients, as part of its long term investment strategy.

HSBC’s global network and international connectivity allows the bank to serve the full range of banking customers – from individual savers to large multinationals – in the Philippines and beyond.

"HSBC invested USD2.3 billion between 2015 and 2017 as part of its ongoing digital transformation. With almost 143 years of operating in the Philippines, introducing the HSBCnet Mobile app is the latest step we have taken to provide our corporate clients with a seamless, secure and digital banking experience in this digital age.” Veloso explained.

Apart from the Philippines, the HSBCnet Mobile app is available in 41 countries across Europe, Americas, Middle East and Asia Pacific.