HSBC's decision to shutter international payments app Zing is likely to trigger around 400 job losses, a source familiar with ...

The move is expected to result in about 400 layoffs as CEO Georges Elhedery intensifies cost-cutting measures in Europe.

HSBC closed its Zing app just a year after its launch, as traditional banks battle to keep up with the innovation and ...

The app was launched as a competitor to money apps like Wise and Revolut. Its closure is understood to be putting up to about 400 jobs at risk, including a significant number of non-HSBC staff ...

HSBC launched Zing - a mobile platform focused on cross-border ... which have sought to undercut big banks with lower transaction fees. The app was designed to complement HSBC's Global Money ...

Launched in 2024, Zing is a mobile platform which aims to ... money and provide payments services. The app was developed to enhance HSBC's Global Money offering, which is accessible to its ...

HSBC has decided to shutter its international payments app Zing, potentially triggering around 400 job losses, a source familiar with the matter said, as CEO Georges Elhedery steps up cost-cutting ...