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 ...

Just 12 months after its launch, HSBC announced the closure of international payments app Zing in January 2025. FStech news ...

The move is expected to result in about 400 layoffs as CEO Georges Elhedery intensifies cost-cutting measures in Europe.

Fintechs like Revolut and Wise are built for scale and are willing to risk short-term profits for long-term growth. Zing’s ...

HSBC's decision to shutter international payments app Zing is likely to trigger around 400 job losses, a source familiar with ...

HSBC has shut down Zing, the currency conversion app that was intended to provide a viable competitor to money transfer behemoth Wise.

If you're a Zing user, you should spend, move or withdraw your funds before it shuts down on 22 May 2025. It's unclear if you'll still be able to access your cash after this deadline, so it's best to ...

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 to shut down its international money app, Zing, just a year after it launched in the UK. Zing, which aimed to simplify ...