Zing championed by Nuno Matos-the next ANZ CEO 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 ...
Yet another bank-led fintech venture has shut down within a year of its launch. HSBC’s Zing, a payments app, failed to gain ...
HSBC is shutting down Zing as it reportedly continues to overhaul its structure. The staff at risk of redundancy will be informed soon. The Zing app was launched by HSBC just a year ago.
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 ...
HSBC - one of the biggest high street banks in the country - has confirmed that it’s shutting its cross border payment app Zing, potentially leading to hundreds of job losses. The closure of ...
HSBC posted annual profit on Wednesday that beat estimates, helped by increased revenue in wealth and markets businesses, and set stiff cost-cut targets as its new CEO implements a revamp of the ...
HSBC also recently cancelled its Zing fintech app as a cost-cutting measure, raising questions about how the company will justify the payday jackpot. According to The Guardian, Elhedery’s current ...
LONDON/HONG KONG, Feb 17 (Reuters) - Investors in HSBC (HSBA.L), opens new tab are backing management attempts to shutter parts of its investment bank, even as U.S. President Donald Trump's ...