which have sought to undercut big banks with lower transaction fees. The app was designed to complement HSBC's Global Money product available to its international Wealth and Personal Banking ...

Investing.com -- Europe's largest bank HSBC's plan to close its international payments application Zing could potentially result in approximately 400 job losses, according to Reuters on Thursday.

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. An HSBC spokesman told Reuters: "Following a ...

HSBC is poised to challenge ... A Zing spokesperson has said that the new app’s transfer fees will start at 0.6% and vary according to the transaction value.

The app successfully ... agreement between Visa and HSBC allows Zing to roll out new features, currencies, and to more international markets in the future. Visa (NYSE: V) is a world leader in digital ...

HSBC launched Zing - a mobile platform focused on cross-border payments - just a year ago, initially targeting UK-based customers using fintech rivals like Revolut and Wise, which have sought to ...