The failed Zing initiative represents a cautionary tale about why some traditional banks struggle to innovate successfully ...
Just 12 months after its launch, HSBC announced the closure of international payments app Zing in January 2025. FStech news ...
The money transfer app, launched with initial plans to compete in the U.K. with fintechs like Wise and Remitly, will be ...
Fintechs like Revolut and Wise are built for scale and are willing to risk short-term profits for long-term growth. Zing’s ...
The app was launched in January 2024 as HSBC's first foray into the digital banking market, but is now set to close in four ...
HSBC to shut down its international money app, Zing, just a year after it launched in the UK. Zing, which aimed to simplify ...
HSBC's decision to shutter international payments app Zing is likely to trigger around 400 job losses, a source familiar with ...
Zing, which was set up by James Allan, HSBC's head of foreign exchange and international payments, had an accompanying debit ...
Launched in January 2024, Zing was an attempt by HSBC to enter the fintech market, and was positioned as a rival to companies ...
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 ...
The high street bank, which is rivalled by Lloyds, Nationwide, NatWest, Barclays, Santander and more, has announced it is ...