I've just opened an account with HSBC (after doing so with Lloyds who must be the most disastrously incompetent organisation I've ever dealt with).
Each time I log on to the HSBC site it ask me to download Rapport, so I don't see that they have abandoned it, but I do have a key card.
Interestingly the bank I deal with (HSBC / First Direct) for both personal and business use has abandoned Rapport and provided security key cards instead.
I believe they do two different things. Rapport detects phishing attempts via bogus websites, whereas the key card prevents, or attempts to do so, unauthorised access to your account.
I also bank with Natwest, who sometimes ask me to download Rapport. I have not done so.