Summer Intern

3 days ago

Mumbai, India HSBC Full time

HSBC is one of the largest banking and financial services organizations in the world, with operations in 65 countries and territories. We aim to be where the growth is, enabling businesses to thrive and

economies to prosper, and, ultimately, helping people to fulfil their hopes and realize their ambitions.

We are part of global Commercial Banking and Global Banking and Markets and we support relationship managers by providing the products and expertise corporates and their clients need.

GPS helps clients, mainly corporate treasurers, to:

- Move their cash - either the cash they receive from their customers, or pay to

their staff and suppliers
- Have visibility, control and access to their cash - how much, in what currencies

and countries
- Invest their cash - we help clients manage their liquidity to ensure they make

their cash work hard for their businesses.

Our digital solutions for our corporate clients are built to enable a seamless experience for our client’s end-customers. Customers of one of the largest telecom operators in India can now make mobile bill payments effortlessly using the Unified Payments Interface (UPI), thereby reducing the use of cash. Other UPI-based digital payment solutions include movie ticket purchases at a cinema chain, airline ticket purchases, etc. On the payments front, our smart routing solution - built using the IMPS and NEFT rails - has enabled one of the largest microfinance Institutions in the country make instant loan disbursals to its

customers, many of who hail from the bottom of the income pyramid. This again reduces the usage of cash and brings these borrowers into the financial system.

Requirements

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