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 ...
Fintechs like Revolut and Wise are built for scale and are willing to risk short-term profits for long-term growth. Zing’s ...
HSBC has decided to shut down its international payments app Zing a year after its launch, reported Reuters, citing ...
Just 12 months after its launch, HSBC announced the closure of international payments app Zing in January 2025. FStech news ...
Zing is an international payments app and debit card that allows people to hold different currencies, send money abroad, or ...
HSBC to shut down its international money app, Zing, just a year after it launched in the UK. Zing, which aimed to simplify ...
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's decision to shutter international payments app Zing is likely to trigger around 400 job losses, a source familiar with ...
Launched in January 2024, Zing was an attempt by HSBC to enter the fintech market, and was positioned as a rival to companies ...
HSBC has announced the closure of its international payments app Zing, marking another setback in the bank's fintech ...
Zing championed by Nuno Matos-the next ANZ CEO Exactly 12 months after launch, HSBC has pulled the plug on Zing. In the process, HSBC has burnt through an estimated $150m in its failed attempt to ...