The recent closure of HSBC’s Zing has sparked strong discussion about banks’ ability to compete in the challenging cross-border payments market. Some view it as proof that banks simply can’t keep up.

HSBC is refusing to pay out nearly £1 billion of pensions belonging to people who have fled Hong Kong due to political pressure from the Chinese government. The FTSE 100 bank is sitting on £978 ...

HSBC, Standard ... account with the same bank. Opening the account is free, and there is no minimum balance requirement. Customers can then transfer money to payment apps such as Alipay or WeChat ...

HSBC is set to shut down a payments app ... option to become bank customers of HSBC UK and use the Global Money proposition." The Global Money Account lets customers transfer cash to other HSBC ...

HSBC is to shut down its app Zing, a currency conversion service which allowed customers to hold funds in over 10 different currencies, send over 30 currencies, and transact in over 200 countries ...

HSBC is a global ... have free global transfers and overseas service, plus you won’t pay foreign transaction fees on your debit card — making this a potentially ideal bank choice for those ...

Kevin Nishmas is an expert financial content writer with a long and successful history of working with Canada's largest financial institutions. His knack (and passion) for transforming complex ...

You must also deposit £1,000 into your account, make at least five debit card payments ... proof of address. You'll then need to complete a Current Account Switch Agreement form and a Current Account ...

Before you apply for a money transfer credit card, make sure it's right for you. Essentially, you'll need to establish whether you can afford to pay off the debts ... (112), Halifax (198), HSBC (197), ...

It offers unlimited transactions and free Interac e-Transfer® services ... online bill pay availability, online banking access, minimum deposit requirements and minimum balance requirements.

After that, payment methods like crypto or eWallets can deliver the funds within an hour or a day. Bank transfers can take ... (e.g., driver’s license) and proof of address (e.g., bank statement ...