HSBC organized the ‘fraud awareness workshop for SME customers’ earlier to launch a series of corporate fraud awareness and account security education activities, with the aim of imparting effective fraud prevention and response knowledge to enterprises through different channels. With the rapid development of technology, generative AI technology is becoming more and more mature, and the tricks of fraudsters are becoming more and more confusing, which brings a lot of challenges to enterprises in preventing fraud, Christina Ong, Managing Director and Head of Business Banking and Commercial Banking at HSBC Hong Kong, said. Related NewsM Stanley Foresees HSBC HOLDINGS, STANCHART Results to Focus on Ability to Maintain RoE; Stable RoE Outlook to Support Stock PricesIn December 2024, HSBC expanded the coverage of “Suspicious Account Alert” to include transactions conducted by customers through the commercial digital banking channel. Nearly 100 alerts have been issued over the past month to remind businesses to identify and stop potentially high-risk transactions in a timely manner.