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 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 ...

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

Zing, which was set up by James Allan, HSBC's head of foreign exchange and international payments, had an accompanying debit ...

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

Launched in January 2024, Zing was an attempt by HSBC to enter the fintech market, and was positioned as a rival to companies ...

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 ...

The financial giant also noted that the move was aimed at simplifying its internal operations and focusing on its current key ...

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 ...