HSBC uses Identitii’s tech to build HSBC DART

HSBC has launched Digital Accounts Receivable Tool (HSBC DART) built on Identitii’s tokenisation technology to create a tool for India-based corporate clients, Identitii announced in a press release. HSBC is planning to launch the project in new Asian markets for its corporate clients, the project will provide them with a “secured digital information exchange channel and ecosystem.” The next phase of the project will see new functionalities added to HSBC DART to facilitate rolling it out in other geographies.

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The tool integrates with receivables technology infrastructure already in place, providing a secure way of sending information associated with payments. The technology allows automating the accounts receivable process.

“HSBC has a comm