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 ...

Martin Lewis' Money Saving Expert has issued a warning to HSBC customers over a popular service being scrapped. If you're a ...

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

Zing was launched in January last year as a platform for people to hold digital currencies and send or spend money in the UK ...

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

Zing’s failure highlights the pitfalls of chasing Fintech disruptors. It serves as a cautionary tale: traditional banks must ...

HSBC is to shut down its app Zing, a currency conversion service which allowed customers to hold funds in over 10 different currencies, send over 30 currencies, and transact in over 200 countries ...

HSBC is shutting down its international payments app Zing just over a year after launching the platform. Zing was launched in January last year as a platform for people to hold digital currencies ...

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