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 ...
HSBC to wind down parts of investment banking units in UK, Europe and US - Georges Elhedery has overseen a significant ...
Fintechs like Revolut and Wise are built for scale and are willing to risk short-term profits for long-term growth. Zing’s ...
HSBC has shut down Zing, the currency conversion app that was intended to provide a viable competitor to money transfer behemoth Wise.
HSBC’s (HSBC) international payment app Zing, launched in 2024, is about to close down, according to the Financial News’ Lars Mucklejohn.
HSBC has announced the closure of its international payments app Zing, marking another setback in the bank's fintech ...
HSBC closed its Zing app just a year after its launch, as traditional banks battle to keep up with the innovation and flexibility of fintech startups. Major universal bank HSBC has recently announced ...
A major UK-based bank is set to scale back certain parts of its banking operations in the UK, Europe, and the Americas as ...
By Sinead Cruise LONDON (Reuters) -HSBC's decision to shutter international payments app Zing is likely to trigger around 400 job losses, a source familiar with the matter said, as CEO Georges ...
HSBC has decided to shut down its international payments app Zing a year after its launch, reported Reuters, citing undisclosed sources. The move is projected to result in about 400 redundancies ...