HSBC launches social network for business customers
HSBC Commercial Banking has launched its Connections Hub, a digital platform to connect buyers and sellers around the world.
Businesses in Canada, China, Hong Kong, India, Mexico, Singapore, the UK and the US can sign up to the multi-lingual hub for free. The service will be available to customers in France in the coming weeks and additional countries and territories will be added in the second half of the year.
Richard Davies, global head of propositions for HSBC Commercial Banking, says: “Researching and connecting with new business partners can be a daunting task, and one that gets harder with distance. We have designed the HSBC Connections Hub to help break down barriers for companies of all sizes that aspire to forge new business relationships at home and overseas.”
Customers create a business profile to represent their brand, including company information, products or services, location(s) and business interests. A matching engine then highlights potential buyers and sellers in other markets.
Alternatively, customers can search and view the profiles of specific businesses using variables such as location, industry and products or services. Users can send a private message to their target business partners via the hub.
Businesses can also add specific opportunities to the network, which other users can filter based on product or service type, value and location. Personalised updates appear in a “What’s New” section on each user’s homepage.
To help businesses understand international trade, HSBC says its hub hosts a library of country guides as well as news and articles.