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 ...
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 ...
HSBC closed its Zing app just a year after its launch, as traditional banks battle to keep up with the innovation and ...
HSBC is shutting down its international payments app Zing just over a year after launching the platform. Zing was launched in January last year as a platform for people to hold digital currencies and ...
Fintechs like Revolut and Wise are built for scale and are willing to risk short-term profits for long-term growth. Zing’s ...
Zing, which was set up by James Allan, HSBC's head of foreign exchange and international payments, had an accompanying debit card that ensured users could hold funds in more than 10 currencies.
HSBC has announced the closure of its international payments app Zing, marking another setback in the bank's fintech ...