Zing suffers the same fate as PagoFX as HSBC fails to compete with Wise & Revolut
HSBC is preparing to scrap its new international payments app Zing, launched a year ago to rival Wise and Revolut, after struggling to implement compliance processes for the service. Financial News reported yesterday that the bank was planning to inform employees that it has decided to close down the app. As of Thursday 23 January,
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