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The money transfer app, launched with initial plans to compete in the U.K. with fintechs like Wise and Remitly, will be ...

The app was launched in January 2024 as HSBC's first foray into the digital banking market, but is now set to close in four ...

The financial giant also noted that the move was aimed at simplifying its internal operations and focusing on its current key ...

subscribe to our free daily Banking Dive newsletter. HSBC is shuttering its international payments app Zing, which the bank launched a year ago to challenge fintechs such as Wise, PayPal and Remitly.

Commissions do not affect our editors' opinions or evaluations. HSBC is the 23rd largest bank in the U.S. by assets and one of the largest banks in the world. With its global headquarters in ...

The failed Zing initiative represents a cautionary tale about why some traditional banks struggle to innovate successfully ...

All ratings are determined solely by our editorial team. HSBC is a global banking and financial services organization that supports around 39 million customers worldwide. Its products are ...

A major UK-based bank is set to scale back certain parts of its banking operations in the UK, Europe, and the Americas as ...

or loans for which servicing rights have been transferred will not count Maintain Private Bank status, which happens on an individual basis The HSBC U.S. mobile app has 4.6 out of 5 stars in the ...