The failed Zing initiative represents a cautionary tale about why some traditional banks struggle to innovate successfully ...
HSBC to shut down its international money app, Zing, just a year after it launched in the UK. Zing, which aimed to simplify ...
Fintechs like Revolut and Wise are built for scale and are willing to risk short-term profits for long-term growth. Zing’s ...
Major universal bank HSBC has recently announced the closure of its Zing app just a year after its launch, potentially ...
HSBC has shut down Zing, the currency conversion app that was intended to provide a viable competitor to money transfer behemoth Wise.
HSBC has announced the closure of its international payments app Zing, marking another setback in the bank's fintech ...
HSBC’s (HSBC) international payment app Zing, launched in 2024, is about to close down, according to the Financial News’ Lars Mucklejohn.
A major UK-based bank is set to scale back certain parts of its banking operations in the UK, Europe, and the Americas as ...
Europe's largest bank's decision to close its international payments app could result in the loss of around 400 jobs, according to a source close to the situation. The unnamed source told the Reuters ...
HSBC is shutting down Zing as it reportedly continues to overhaul its structure. The staff at risk of redundancy will be informed soon.
British bank and financial services group HSBC is to shut down parts of its investment banking operations in the UK, Europe and the United States as bosses continue their overhaul of the company, ...
"Fraud undermines trust in banking services, which is why LONDON (Reuters) -HSBC's decision to shutter international payments app Zing is likely to trigger around 400 job losses, a source familiar ...