The failed Zing initiative represents a cautionary tale about why some traditional banks struggle to innovate successfully ...
HSBC has decided to shut down its international payments app Zing a year after its launch, reported Reuters, citing ...
Just 12 months after its launch, HSBC announced the closure of international payments app Zing in January 2025. FStech news ...
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 is an international payments app and debit card that allows people to hold different currencies, send money abroad, or ...
HSBC closed its Zing app just a year after its launch, as traditional banks battle to keep up with the innovation and ...
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 ...
The high street bank, which is rivalled by Lloyds, Nationwide, NatWest, Barclays, Santander and more, has announced it is ...
Launched in January 2024, Zing was an attempt by HSBC to enter the fintech market, and was positioned as a rival to companies ...
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 ...