Ant International and HSBC Expand Real-Time Treasury Management Services to the Middle East

Skip to Content News Archives Economy Energy Oil & Gas Renewables Electric Vehicles Mining Commodities Agriculture Real Estate Mortgages Mortgage Rates Finance Banking Insurance Fintech Cryptocurrency Work Wealth Smart Money Wealth Management Investor Personal Finance Family Finance Retirement Taxes High Net Worth FP Comment Executive Women Puzzmo Newsletters Financial Times Business Essentials More Innovation Information Technology FP500 Podcasts Small Business Lives Told Tails Told Shopping Financial Post Store Obituaries Place a Notice Advertising Advertising With Us Advertising Solutions Postmedia Ad Manager Sponsorship Requests Classifieds Place a Classifieds ad Working Profile Settings My Subscriptions My Offers Newsletters Customer Service FAQ News Economy Energy Mining Real Estate Finance Work Wealth Investor FP Comment Executive Women Puzzmo Newsletters Financial Times Business Essentials This advertisement has not loaded yet, but your article continues below.HomeBusiness Wire News ReleasesPMN Press ReleasesThis section is The content in this section is supplied by Business Wire for the purposes of distributing press releases on behalf of its clients. Postmedia has not reviewed the content. by Business Wire Ant International and HSBC Expand Real-Time Treasury Management Services to the Middle EastAuthor of the article:Collaboration extends Ant International’s use of tokenised deposits in UAE, supporting faster treasury transactionsTHIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLYSubscribe now to read the latest news in your city and across Canada.Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman, and others.Daily content from Financial Times, the world's leading global business publication.Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.Daily puzzles, including the New York Times Crossword.SUBSCRIBE TO UNLOCK MORE ARTICLESSubscribe now to read the latest news in your city and across Canada.Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman and others.Daily content from Financial Times, the world's leading global business publication.Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.Daily puzzles, including the New York Times Crossword.REGISTER / SIGN IN TO UNLOCK MORE ARTICLESCreate an account or sign in to continue with your reading experience.Access articles from across Canada with one account.Share your thoughts and join the conversation in the comments.Enjoy additional articles per month.Get email updates from your favourite authors.THIS ARTICLE IS FREE TO READ REGISTER TO UNLOCK.Create an account or sign in to continue with your reading experience.Access articles from across Canada with one accountShare your thoughts and join the conversation in the commentsEnjoy additional articles per monthGet email updates from your favourite authorsSign In or Create an AccountABU DHABI, United Arab Emirates & SINGAPORE — Ant International today announced an expanded collaboration with HSBC to enhance real-time treasury management services in the Middle East. By leveraging HSBC’s global Tokenised Deposit Service (TDS), Ant International aims to improve the efficiency of its treasury operations across the region.As part of the collaboration, Ant International has successfully completed pilot transactions across two payment corridors connecting the United Arab Emirates and Hong Kong:This advertisement has not loaded yet, but your article continues below.Intra-UAE dirham transfers: Real-time, dirham-denominated tokenised deposit transactions within the UAE.Cross-border US dollar payments initiated from the UAE: US dollar-denominated tokenised deposit transfers between the UAE and international markets, including Hong Kong and Singapore.Get the latest headlines, breaking news and columns.By signing up you consent to receive the above newsletter from Postmedia Network Inc.A welcome email is on its way. If you don't see it, please check your junk folder.The next issue of Top Stories will soon be in your inbox.We encountered an issue signing you up. Please try againThese transactions were initiated via WhaleRTP – Ant International’s proprietary, blockchain-based real-time treasury management platform – and executed in real-time through HSBC’s TDS. Ant International and HSBC jointly designed the transaction workflow. This collaboration makes Ant International HSBC’s first client in the Middle East to utilise its TDS service.Since 2019, Ant International has used blockchain and tokenised deposit technologies to support real-time treasury management across major financial centres, including Hong Kong, Singapore, Europe and the United States. WhaleRTP is currently supported by more than 20 leading global banks, including HSBC, and enables real-time transfers in more than 17 currencies, including the US dollar, Hong Kong dollar and UAE dirham.The expansion into the Middle East will support Ant International’s regional growth and help its businesses including Alipay+, Antom and WorldFirst—serve local enterprises and travellers more effectively.Kelvin Li, General Manager of Platform Tech and Senior Vice President at Ant Internationalsaid, “This marks an important milestone in our journey towards achieving real-time treasury management across the globe. With the support of regional bank partners such as HSBC, we aim to establish a global treasury hub in the Middle East in the near future to better support our global operations. We look forward to contributing to the development of the region’s rapidly growing digital finance ecosystem.”Kyle Boag, Regional Head of Global Payments Solutions, HSBC MENAT, said, “We’re pleased to support Ant International on its journey to achieving real-time treasury management in the Middle East with our Tokenised Deposit Service. Interoperability between tokenised deposit networks demonstrates how HSBC can connect different infrastructures to deliver greater value for our clients. For corporates, this means addressing practical challenges such as moving liquidity across markets and financial institutions and improving cash visibility.”This advertisement has not loaded yet, but your article continues below.HSBC’s TDS is already live in six markets: HK, SGP, LUX, UK, US and the UAE. It also supports multiple currencies including CNH, HKD, SGD, EUR, GBP, USD and AED. The service provides clients with instant, 24/7 access to liquidity across HSBC’s network, while allowing them to continue benefiting from HSBC’s established banking infrastructure and oversight.HSBC Holdings plc, the parent company of HSBC, is headquartered in London. HSBC serves customers worldwide from offices in 56 countries and territories. With assets of US$3,438bn at 30 June 2026, HSBC is one of the world’s largest banking and financial services organisations.Ant International helps businesses to thrive through a full stack of AI-native payment, account, foreign exchange, treasury and growth solutions, underpinned by our trusted foundation models, security architecture, blockchain RTP platform and a world-leading mobile payment ecosystem. We drive relentless innovation to bring inclusive growth for merchants and communities of all sizes, today and tomorrow. To learn more, please visit https://www.ant-intl.com/View source version on businesswire.com: This advertisement has not loaded yet.Notice for the Postmedia NetworkThis website uses cookies to personalize your content (including ads), and allows us to analyze our traffic. Read more about cookies here. By continuing to use our site, you agree to our Terms of Use and Privacy Policy.