After shutting its retail banking business in the United States in 2021, HSBC Holdings PLC HSBC is now set to close its business banking division in the country. This announcement comes amid the ...

Zing, the travel money and international payments app launched by the HSBC Group, is set to be shuttered after just a year in operation.The company announced on their website: "We will ...

Zing was rolled out in January 2024 for HSBC and non-HSBC customers in the U.K., with plans to expand to other countries and in a bid to capture a share of the international money transfer market.

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 ...

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 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, ...

HSBC has not yet announced a closure date for Zing. The decision to shut down the app could potentially put up to 400 jobs at risk, including several non-HSBC customer support roles.

READ MORE HSBC warns customers over service being axed after 'careful consideration' A message on the Zing website reads: "Thank you to all our Zing members for your support, we’ll miss serving you.

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.

HSBC has announced it is shutting down its global payments app Zing, putting hundreds of jobs at risk. Zing is an international payments app and debit card that allows people to hold different ...

At least 400 employees of HSBC are likely to lose jobs after the bank’s decision to shut international payments app Zing, news agency Reuters reported. Georges Elhedery, Chief Executive Officer ...