HSBC shuts payments app Zing

HSBC's payments app closure puts around 400 jobs at risk, source says
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 cost-cutting efforts at Europe's largest bank.
HSBC to shutter international payments app Zing
The move is expected to result in about 400 layoffs as CEO Georges Elhedery intensifies cost-cutting measures in Europe.
HSBC to shut down payments app as it reveals exact date it will stop
Zing is an international payments app and debit card that allows people to hold different currencies, send money abroad, or spend in the UK and overseas
HSBC scraps global money app Zing a year after launch
HSBC is shutting down its global payments app Zing a year after launch, putting hundreds of jobs at risk, as the global bank continues to overhaul its structure. The bank’s chief executive has instigated a series of changes to drive down costs since stepping into the role last year.
HSBC nears ending of international payments app Zing, Financial News reports
HSBC’s (HSBC) international payment app Zing, launched in 2024, is about to close down, according to the Financial News’ Lars Mucklejohn.
App Closed, Over 400 Jobs At Risk In This Bank - Details
HSBC has decided to close its international payments app, Zing, as part of CEO Georges Elhedery’s cost-cutting strategy. The move is expected to result in approximately 400 job losses, including non-HSBC customer support staff.
HSBC to close Zing app, potentially leading to 400 job losses, Reuters reports
Europe's largest bank HSBC's plan to close its international payments application Zing could potentially result in approximately 400 job losses, according to Reuters on Thursday.
HSBC warning with 'all accounts set to be closed down by May 2025'
The high street bank, which is rivalled by Lloyds, Nationwide, NatWest, Barclays, Santander and more, has announced it is ...
What's New With HSBC Stock?
This compares to rival Barclays (NYSE: BCS) stock which has gained almost 76% over the same period and JP Morgan (NYSE: JPM) ...
HSBC’s Zing Shutdown: What Traditional Banks Can Learn from FinTech Disruption
Fintechs like Revolut and Wise are built for scale and are willing to risk short-term profits for long-term growth. Zing’s ...
HSBC touts 50% increase in suspicious transactions intercepted in past year
Hong Kong’s largest lender prepares to launch a new alert system, as it works to educate consumers about potential scams.
J.P. Morgan Keeps Their Hold Rating on HSBC Holdings (HSBA)
In a report released today, Sofie Peterzens from J.P. Morgan maintained a Hold rating on HSBC Holdings (HSBA – Research Report), with a price ...
Barclays, HSBC, Lloyds, NatWest customers '£640' account change offer
Customers with the big four UK banks - Barclays, HSBC, Lloyds Bank, Natwest - have been warned they could be missing out on ...
HSBC unveils HyQ, a 25-storey office tower in Qianhai to drive cross-border collaboration
The HyQ tower, in the Qianhai Shenzhen-Hong Kong Modern Service Industry Cooperation Zone, is the bank’s first wholly owned ...
HSBC announces service to end in new blow to customers
HSBC is preparing to close down its payments app, Zing, just a year after its launch, in a move that could disappoint ...