HSBC shuts payments app Zing a year after launch

Q: How long will it take to read this news story?

The story "HSBC shuts payments app Zing a year after launch" has 446 words across 16 sentences, which will take approximately 2 - 4 minutes for the average person to read.

Q: Which news outlet covered this story?

The story "HSBC shuts payments app Zing a year after launch" was covered 14 hours ago by Financial Times, a news publisher based in United States.

Q: How trustworthy is 'Financial Times' news outlet?

Financial Times is a fully independent (privately-owned) news outlet established in 1888 that covers mostly markets, finance, and investing news. The outlet is headquartered in United States and publishes an average of 11 news stories per day. It's most recent story was published 12 hours ago.

Q: What do people currently think of this news story?

The sentiment for this story is currently Neutral, indicating that people are not responding positively or negatively to this news.

Q: How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.<ul><li>News ID: #25366239</li><li>URL: https://beamstart.com/news/hsbc-shuts-payments-app-zing-17376363867317</li></ul>

Financial Times 14h ago

HSBC shuts payments app Zing a year after launch - Financial Times

Quick Summary:

Zing, which targeted young customers including international students and expatriates, had plans to open on two continents by the end of 2024, but never expanded outside the UK.

UK retail bank NatWest said in 2020 that it would shut its digital bank Bó just six months after its launch to prioritise “investment spend across the bank”.

The decision came after Georges Elhedery took over as chief executive in July last year following the departure of former chief Noel Quinn.