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HSBC has launched a new product called Zing focused on international transfers to better compete with fintech companies like Wise (formerly TransferWise) and Revolut. It is now officially out, so ...
HSBC has already taken a big step by providing current customers fee-free transfers via its Global Money account. A Zing spokesperson has said that the new app’s transfer fees will start at 0.6% ...
Zing’s shutdown could affect around 400 jobs, and those impacted, including a significant number of non-HSBC external support staff, will be informed, a source familiar with the matter told Reuters.
(RTTNews) - Visa, Inc. (V) and HSBC Holdings plc (HSBA.L) announced Tuesday the technological collaboration in support of HSBC Group's new international payments app, Zing. The app successfully ...
Visa and HSBC's partnership supports Zing app, enabling transactions in 30+ currencies across 200+ countries via a unified platform. Currencycloud and Tink's solutions accelerate Zing's rollout ...
LONDON (Reuters) -HSBC's decision to shutter international payments app Zing is likely to trigger around 400 job losses, a source familiar with the matter said, as CEO Georges Elhedery steps up ...
If Zing proves popular, the bank may expand upon the feature set it offers on launch by adding more consumer finance services. Such a move would open additional opportunities for HSBC to monetize ...
Although Zing is part of the global HSBC Group, it is a separate entity. So, you do not need to be an HSBC customer to sign up for Zing; the app and debit card are available to all UK residents ...
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 was intended as a rival to Wise, a fintech set up in 2011. In November last year it had nearly 11.5 million customers, a growth of 25% on the same year previously. It also claimed to have ...