The failed Zing initiative represents a cautionary tale about why some traditional banks struggle to innovate successfully ...

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HSBC's decision to shutter international payments app Zing is likely to trigger around 400 job losses, a source familiar with ...

The money transfer app, launched with initial plans to compete in the U.K. with fintechs like Wise and Remitly, will be closed “following a strategic review,” the bank said.

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 ...

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 ...

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

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 ...

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 plans to shut down its international money app, Zing, just a year after it launched in the UK. Zing, which aimed to simplify international banking for UK residents, offered a ...