The failed Zing initiative represents a cautionary tale about why some traditional banks struggle to innovate successfully ...
The money transfer app, launched with initial plans to compete in the U.K. with fintechs like Wise and Remitly, will be ...
Use precise geolocation data and actively scan device characteristics for identification. This is done to store and access ...
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 ...
HSBC has announced the closure of its international payments app Zing, marking another setback in the bank's fintech ...
HSBC has shut down Zing, the currency conversion app that was intended to provide a viable competitor to money transfer behemoth Wise.
HSBC is shutting down its global payments app Zing a year after launch, putting hundreds of jobs at risk, as the global bank continues to overhaul its structure. The bank’s chief executive has ...
"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 ...
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’s (HSBC) international payment app Zing, launched in 2024, is about to close down, according to the Financial News’ Lars Mucklejohn.
HSBC is shutting down Zing as it reportedly continues to overhaul its structure. The staff at risk of redundancy will be informed soon.