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.

Launched in 2024, HSBCs Zing is a mobile platform, which aims to ease cross border payments. Credit: Diego Thomazini/ Shutterstock. HSBC has decided to shut down its international payments app Zing a ...

Fintel reports that on February 4, 2025, HSBC upgraded their outlook for Grab Holdings (NasdaqGS:GRAB) from Hold to Buy.

Major universal bank HSBC has recently announced the closure of its Zing app just a year after its launch, potentially ...

Zing, which was set up by James Allan, HSBC's head of foreign exchange and international payments, had an accompanying debit ...

HSBC is shuttering its international payments app Zing, which the bank launched a year ago to challenge fintechs such as Wise, PayPal and Remitly. “Following a strategic review within the HSBC Group, ...

HSBC is shuttering its international payments app Zing, which the bank launched a year ago to challenge fintechs such as Wise, PayPal and Remitly. “Following a strategic review within the HSBC ...

Zing was launched early last year and was intended to compete with the likes of Revolut and Wise ...