HSBC loses its Zing

HSBC to shutter international payments app Zing
The move is expected to result in about 400 layoffs as CEO Georges Elhedery intensifies cost-cutting measures in Europe.
HSBC to shut down payments app as it reveals exact date it will stop
Zing is an international payments app and debit card that allows people to hold different currencies, send money abroad, or spend in the UK and overseas
HSBC loses its Zing as app can’t match fintech rivals
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.
HSBC's payments app closure puts around 400 jobs at risk, source says
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 Elhedery steps up cost-cutting efforts at Europe's largest bank.
HSBC to shut down payments app in blow to customers
HSBC is set to shut down a payments app after its launch just a year ago in a blow to customers. The Zing platform, which lets users make global payments and comes with a multi-currency debit
'Four hundred jobs could go' at HSBC's Zing app
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 news agency HSBC's cost-cutting decision to terminate its Zing app would likely mean layoffs at both the bank itself and at external customer support centers that employ non-HSBC workers.
HSBC nears ending of international payments app Zing, Financial News reports
HSBC’s (HSBC) international payment app Zing, launched in 2024, is about to close down, according to the Financial News’ Lars Mucklejohn.
HSBC pulls the plug on Zing payments app after just one year
HSBC has announced the closure of its international payments app Zing, marking another setback in the bank's fintech expansion efforts, just 12 months after its launch
HSBC HOLDINGS Decides to Shut Down Int'l Payment App 'Zing', which May Affect 400 Jobs: Wire
HSBC HOLDINGS (00005.HK) has decided to shut down its international payment application, Zing, a move that may affect about 400 jobs, foreign media quoted sources as saying. Employees affected by the layoffs will be notified on Thursday (23rd),
App Closed, Over 400 Jobs At Risk In This Bank - Details
HSBC has decided to close its international payments app, Zing, as part of CEO Georges Elhedery’s cost-cutting strategy. The move is expected to result in approximately 400 job losses, including non-HSBC customer support staff.
HSBC shuts global payments app Zing as CEO Georges Elhedery seeks to slash costs; 400 jobs may be axed
HSBC is shutting down Zing as it reportedly continues to overhaul its structure. The staff at risk of redundancy will be informed soon.
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HSBC makes major change for customers as it axes service
HSBC has announced a change to its money transfer service, which could result in 300 job losses, according to reports.
HSBC customers warned as 'all accounts set to be closed down by May'
HSBC has finally spoken out about its decision to axe a popular service. The high street bank, which competes with the likes ...
$150M Failure or Foundation: UX Lessons to Learn from Zing’s Shutdown
Zing’s failure highlights the pitfalls of chasing Fintech disruptors. It serves as a cautionary tale: traditional banks must ...