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  • Payment
  • International

HSBC announces the closure of its money transfer app, Zing.

HSBC Innovation Banking UK recently announced the closure of its money transfer application Zing, launched just a year ago, due to changes in the bank's strategic priorities. Facing Fintech actors like Revolut or Wise, the traditional bank faces a major challenge: quickly adapt to a constantly changing market while seeking to innovate and reduce its costs to remain competitive.

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