"HSBC’s Zing shutdown a $150m innovation misstep, says GlobalData" was originally created and published by Electronic Payments International, a GlobalData owned brand.

HSBC has decided to shut down its international payments app Zing a year after its launch, reported Reuters, citing undisclosed sources. The move is projected to result in about 400 redundancies ...

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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 ...

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 closure of Zing, HSBC's international payments app launched just last year, is both disappointing and unsurprising.In an era where Wise and Revolut continue to disrupt traditional banking ...

HSBC is closing down its Zing platform Credit: Reuters. HSBC said the platform, which first launched in January 2024 and entered the market to compete with money apps like Wise and Revolut, will ...

HSBC's decision to shutter international payments app Zing is likely to trigger around 400 job losses, a source familiar with the matter said, as CEO Georges Elhedery steps up cost-cutting efforts ...

(RTTNews) - Visa, Inc. (V) and HSBC Holdings plc (HSBA.L) announced Tuesday the technological collaboration in support of HSBC Group's new international payments app, Zing. The app successfully ...

HSBC Partnered with Visa to Develop Zing International Money App. Jul. 09, 2024 9:13 AM ET Visa Inc. (V), VISA:CA. Zing members are able to hold funds in up to 10 different currencies, send over ...

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 challenge fintech giants like Wise and Revolut ...