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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.
Don't Let Payment Apps Put Your Money at Risk
The CFPB warns that storing money in payment apps could lead to losses if the app fails. Protect your finances by keeping your money in federally insured accounts.
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 scraps global money app Zing a year after launch
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 instigated a series of changes to drive down costs since stepping into the role last year.
43m
Payment app users might get refunds. Here’s what we know
If you use Cash App and are now wondering if you need to take action in getting a possible refund, there’s actually further ...
2d
Cash App ordered to pay $175M to users. Will you get a refund? Here's what to know
Cash App was ordered to pay users refunds for its weak security procedures. Here's what users need to know about payments, timeline and more.
10d
on MSN
Cash App owner to pay up to $175 million for failing to protect customers from fraud, feds say
Cash App-owner Block must offer up to $120 million in refunds to consumers who federal regulators say were exposed to ...
10d
Cash App Ordered to Pay $255 Million in Penalties Over Fraud
The transfer-money app, owned by Jack Dorsey’s Block, racked up a hefty bill of fines and restitution for what federal ...
5d
on MSN
Cash App's parent company ordered to pay $175M for weak security procedures, feds say
Cash App's parent company Block has been ordered to pay $175 million to users and the Consumer Financial Protection Bureau's ...
10d
on MSN
CFPB sued for trying to regulate digital payment apps more like banks
Two major tech trade groups are challenging the Consumer Financial Protection Bureau’s (CFPB) effort to treat payment apps ...
1d
Shopee customers lost $399,000 in 2024 after making payments outside app to scammers
SINGAPORE - At least 179 cases of e-commerce scams involving the sale of items on Shopee were reported to the police in 2024, ...
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