HSBC, Zing

HSBC to Discontinue Zing Money App Amid Strategic Overhaul
HSBC to shut down its international money app, Zing, just a year after it launched in the UK. Zing, which aimed to simplify international banking.
HSBC to shutter international payments app Zing
The move is expected to result in about 400 layoffs as CEO Georges Elhedery intensifies cost-cutting measures in Europe.
HSBC shuts down Wise competitor Zing
HSBC has shut down Zing, the currency conversion app that was intended to provide a viable competitor to money transfer behemoth Wise.
HSBC loses its Zing as app can’t match fintech rivals
Major universal bank HSBC has recently announced the closure of its Zing app just a year after its launch, potentially putting around 400 jobs at risk. The Zing app, introduced in January 2024, was rolled out to take on fintech rivals like Revolut and Wise by offering cheaper cross-border payment fees.
HSBC nears ending of international payments app Zing, Financial News reports
HSBC’s (HSBC) international payment app Zing, launched in 2024, is about to close down, according to the Financial News’ Lars Mucklejohn.
HSBC pulls the plug on Zing payments app after just one year
HSBC has announced the closure of its international payments app Zing, marking another setback in the bank's fintech expansion efforts, just 12 months after its launch
'Four hundred jobs could go' at HSBC's Zing app
Zing, which was set up by James Allan, HSBC's head of foreign exchange and international payments, had an accompanying debit card that ensured users could hold funds in more than 10 currencies. Customers were also able to use the app to send money in more than 30 currencies, and carry out transactions in at least 200 countries and territories.
HSBC's payments app closure puts around 400 jobs at risk, source says
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 at Europe's largest bank.
App Closed, Over 400 Jobs At Risk In This Bank - Details
HSBC has decided to close its international payments app, Zing, as part of CEO Georges Elhedery’s cost-cutting strategy. The move is expected to result in approximately 400 job losses, including non-HSBC customer support staff.
HSBC issues warning as popular service axed after just 12 months
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’s Zing Shutdown: What Traditional Banks Can Learn from FinTech Disruption
Fintechs like Revolut and Wise are built for scale and are willing to risk short-term profits for long-term growth. Zing’s ...
HSBC shuts global payments app Zing as CEO Georges Elhedery seeks to slash costs; 400 jobs may be cut
HSBC is shutting down Zing as it reportedly continues to overhaul its structure. The staff at risk of redundancy will be informed soon.
Exchange 4 Media9d
Zing unveils short film on AI over-dependence for Gen Z
In today’s digital era, where AI is becoming an indispensable part of daily life, the younger generation often finds their ...
$150M Failure or Foundation: UX Lessons to Learn from Zing’s Shutdown
Zing’s failure highlights the pitfalls of chasing Fintech disruptors. It serves as a cautionary tale: traditional banks must ...
Nigerian Tribune on MSN2d
Belle Hunting Festival receives Emir’s, others’ blessing
THE Emir of Zing, the Pkanti Zing., Alhaji Suleman Sambo, and the Permanent Secretary of the Bureau of Local Government and ...
HSBC customers warned as 'all accounts set to be closed down by May'
HSBC has finally spoken out about its decision to axe a popular service. The high street bank, which competes with the likes ...
AAP on MSN3d
Zing bails no bother as Thunder storm into BBL final
Sydney Thunder have weathered a dramatic third-umpire decision to scramble into the BBL final, pipping the Sixers by four ...