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 ...
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 ...
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's decision to shutter international payments app Zing is likely to trigger around 400 job losses, a source familiar with ...
Martin Lewis' Money Saving Expert has issued a warning to HSBC customers over a popular service being scrapped. If you're a Zing user, you should spend, move or withdraw your funds before it shuts ...
HSBC closed its Zing app just a year after its launch, as traditional banks battle to keep up with the innovation and ...
Zing, which was set up by James Allan, HSBC's head of foreign exchange and international payments, had an accompanying debit card that ensured users could hold funds in more than 10 currencies.
HSBC is shutting down Zing as it reportedly continues to overhaul its structure. The staff at risk of redundancy will be informed soon.