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 ...

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

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

Zing is an international payments app and debit card that allows people to hold different currencies, send money abroad, or ...

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 closed its Zing app just a year after its launch, as traditional banks battle to keep up with the innovation and flexibility of fintech startups. Major universal bank HSBC has recently announced ...

The high street bank, which is rivalled by Lloyds, Nationwide, NatWest, Barclays, Santander and more, has announced it is ...

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 ...