FINANCIALS, PAYMENTS, PROPERTY & INSURANCE

HSBC is launching Global Payments App Zing, a new app aims to dominate the cross-border payments market.

HSBC is launching a new app Zing, targeting young generation and directly competing with Revolut and Wise. HSBC is aiming to take back some share of the lucrative cross-border and currency payments segmet of financial markets, which was dominated by neobanks and fintech recently. The sector is growing rapidly, despite…