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

HSBC has announced the closure of its international payments app Zing, marking another setback in the bank's fintech ...

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 will shut key parts of its investment banking business in the UK, Europe and the Americas as part of chief executive ...

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 ...