HSBC has partnered with US-based regtech company ValidiFI for its account validation and risk detection solutions to “enhance the integrity of bank accounts used to pay credit card balances”, ValidiFi says.
ValidiFi’s technology provides enhanced account verification, pre-transaction risk detection, and behavioural analytics to identify scam patterns and account abuse.
The implementation includes continuous tracking to spot evolving fraud patterns as well as instant validation of new account sign-ups.
ValidiFI, which was acquired by Ribbit in 2023, states the partnership will help HSBC “to detect and deter threats such as synthetic identities, mule accounts, and payment scams”.
The collaboration represents one of several strategic partnerships HSBC has established in 2025 to enhance its service capabilities. Earlier this year, the bank signed a multi-year agreement with Delta Capita to optimise derivative post-trade services through Infrastructure-as-a-Service technology. The bank also adopted TreviPay’s order-to-cash platform to develop e-commerce trade credit solutions.
In September, HSBC, which ranks among the world’s largest financial institutions with assets exceeding $3.2 trillion, collaborated with IBM to conduct the first known quantum computing trial within the European corporate bond market.
Source: https://www.fintechfutures.com/
