HSBC shuts global payments app Zing

Fintechs like Revolut and Wise are built for scale and are willing to risk short-term profits for long-term growth. Zing’s ...
HSBC has announced a change to its money transfer service, which could result in 300 job losses, according to reports.
The high street bank, which is rivalled by Lloyds, Nationwide, NatWest, Barclays, Santander and more, has announced it is ...
Zing’s failure highlights the pitfalls of chasing Fintech disruptors. It serves as a cautionary tale: traditional banks must ...
HSBC is shutting down its global payments app Zing a year after launch, putting hundreds of jobs at risk, as the global bank continues to overhaul its structure. The bank’s chief executive has ...