HSBC Deploys AI to Enhance Trade Finance Operations

HSBC has unveiled Smart Checking, an artificial intelligence (AI)-powered tool focused on enhancing trade finance operations. The new offering is designed to “transform and standardize” how trade finance documentation is processed, traced and reviewed at the bank, HSBC announced Monday (Sept. “Documentary trade at HSBC involves a highly complex, document-intensive operation involving the processing of over a million documentary presentations each year, including documentary credits and coll