Tag: Wise
Wise seeks for new global transfer opportunities with new Indian hub
International transfer service Wise is “doubling-down” on its focus on the Indian market by announcing a new stack hub in Hyderabad to expand its...
CFPB urges Wise to ‘be truthful’ following $2m penalty
The Consumer Financial Protection Bureau (CFPB) has fined global fintech Wise $2m, just days after its launch in MexicoThe penalties stem from misleading advertising...
Wise to foster cross-border payments for Mexicans in LatAm expansion
Global fintech Wise has launched in Mexico enabling customers in the country to make efficient cross-border payments. Mexican nationals can now send money from the...
Wise to bolster Morgan Stanley’s FX settlements
Global paytech company Wise has been selected by Morgan Stanley to facilitate its foreign exchange international settlements for its corporate customers. The US investment bank...
Standard Chartered and Wise ink ‘stellar’ global payments deal
Standard Chartered has partnered with Wise to leverage its foreign exchange infrastructure for faster, multi-currency transfers across Asia and the Middle East.Under the agreement,...
FCA penalises Wise CEO Kristo Käärmann with £350,000 fine
The Finacial Conduct Authority (FCA) has issued a £350,000 fine to Kristo Käärmann, CEO of Wise plc and Senior Manager at Wise Assets UK...
HSBC unveils virtual account to simplify cross-border payments
HSBC has launched a virtual account solution for banks, enabling merchants on e-commerce platforms to receive euro and pound sterling payments via local accounts.This...
Wise plans growth in India’s $32bn remittance sector
UK fintech Wise has announced plans to begin enrolling new customers in India for international money transfers.According to Bloomberg, Wise aims to capture a...
Nubank Ultravioleta eyes up travel segment as ‘priority’
Nubank Ultravioleta, the exclusive experience for high-income Nubank customers, has entered into the travel segment in partnership with Wise Platform.Nubank Ultravioleta has made its...
Wise highlights 30% customer growth in Q3 results
Payment infrastructure provider Wise has released its third-quarter results for its 2024 fiscal year, highlighting a 30% growth in customer base.The Q3 results disclosed...
