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

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 ...

HSBC closed its Zing app just a year after its launch, as traditional banks battle to keep up with the innovation and ...