Numeral and HSBC Innovation Banking UK Partner to Bolster Payment and Account Services

This post was originally published on The FinTech Times

Although it may not seem front and centre to customers, corporate payments and treasury operations are a key part in ensuring a good customer experience. To ensure this aspect of a firm’s infrastructure can continue to play a pivotal role in retaining users, paytech Numeral has collaborated with HSBC Innovation Banking UK to embed its payment and account services via Numeral APIs.

The offering is available to both Numeral and HSBC Innovation Banking UK clients, including fintechs, insurtechs and marketplaces. Most notably, the Numeral platform will now integrate HSBC Innovation Banking UK’s cash management infrastructure. This will make it easy for organisations banked by HSBC Innovation Banking UK to use the firm’s services through the Numeral single API and modern payments operations dashboard.

Specifically, users will be able to send and receive UK Bacs, CHAPS and FPS payments, as well as SEPA and Swift payments. Additionally, they will be able to access their HSBC Innovation Banking UK account balances and transaction data in real time.

Édouard Mandon, co-founder and CEO at NumeralÉdouard Mandon, co-founder and CEO at Numeral

“Innovative companies for which payments are core to their products, often struggle to find banking

Read the rest of this post, which was originally published on The FinTech Times.

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