- January 29, 2024
In this month’s PYMNTS Provider Ranking of Digital Banking Apps, all movement came from the lower half of the rankings. Acorns and Ally are making moves upward to compete with ...
- December 27, 2023
Now that holiday spending is done, you might resolve to take control of your finances in the new year.
PYMNTS’ Provider Ranking of Digital Banking Apps can help you decide what ...
- November 28, 2023
Managing your finances has never been easier, with smartphones closing the gap between you and your money. But with a plethora of apps to choose from, deciding where to park ...
- November 10, 2023
Agoda, a digital travel platform, has partnered with Wise Platform to provide more payment options for travelers worldwide.
Wise Platform, which is Wise’s infrastructure solution for banks and major enterprises, will ...
- October 30, 2023
As faster payments schemes take shape around the globe — in the U.S., the FedNow® Service is the latest example — realizing the full potential of speed and lower costs ...
- October 18, 2023
Many apps slipped in PYMNTS’ Provider Ranking of Digital Banking this month.
Revolut secured the top spot, beating Chime down a few rankings. Let’s get into the scores.
The Top 5
Revolut won ...
- September 25, 2023
In this edition of PYMNTS’ Provider Ranking of Digital Banking Apps we see some movers and shakers changing ranks, but our tie for first keeps on as Revolut and Chime once again ...
- September 19, 2023
Industries are defined by what customers do, not what companies produce.
And if something doesn’t scale up across a global audience, then it isn’t worth much.
That’s why, as more small- to medium-sized businesses ...
- September 18, 2023
Money transfer firm Wise and global messaging platform Swift have launched a cross-border payment partnership.
The collaboration, announced Monday (Sept. 18), is designed to provide financial institutions and their customers with more cross-border options.
“Financial institutions seeking to ...
- September 5, 2023
Preferences for the best digital banking experience remain uncertain, leading to tied scores and the presence of both new and returning names in PYMNTS’ Provider Ranking of Digital Banking Apps. As ...
- June 27, 2023
Money transfer company Wise increased its customer base by 34% and its volumes by 37% over the last year.
During the 12 months ended March 31, the company’s customer base grew ...
- May 22, 2023
The chief financial officer of money transfer firm Wise is stepping down following a bicycle accident last year.
Matthew Briers, who has served as the British company’s CFO for eight years, announced he is leaving ...
- May 8, 2023
Tech companies have determined that the United Kingdom is not the place to launch their initial public offerings.
This observation follows the decision of British semiconductor designer Arm to list in New ...
- April 12, 2023
Bluevine and Wise have partnered to streamline cross-border payments for United States small businesses.
With this collaboration, Wise’s platform for moving money around the world has been integrated into Bluevine’s all-in-one ...
- April 5, 2023
Money transfer company Wise has integrated its platform with electronic broker Interactive Brokers (IBKR).
The integration gives clients an easier experience when making deposits in their trading accounts, Wise said in ...
- March 5, 2023
The Baltic region, with a population of over 6 million, has grown into a thriving FinTech hot spot in Europe and a regional frontrunner in digital payments adoption.
And when it ...
- February 22, 2023
G-P and Wise have partnered to enable faster cross-border payments to freelancers and contractors.
The firms said in a Wednesday (Feb. 22) press release that adding Wise’s cross-border payments technology to ...
- January 27, 2023
Atlantic Money has accused international money transfer service Wise of stifling competition.
In a statement on its website on Friday (Jan. 27), the foreign exchange (FX) startup expressed its frustration at ...
- December 15, 2022
International money transfer company Wise has launched a new savings product.
Launched in the U.K. on Thursday (Dec. 15), the new “Interest” product lets Wise Assets customers in the U.K. earn ...
- November 16, 2022
U.K.-based money transfer company Wise launched a new cashback feature for Wise Business customers on Wednesday (Nov. 16) that will give them with 1% cashback on their card transactions.
Wise Business ...
- November 14, 2022
Money transfer service Wise has teamed up with human resources (HR) and payroll firm Deel to let customers send money through Deel with just an email address.
The partnership comes as ...
- November 3, 2022
Despite a continent-wide economic slowdown and comparatively deflated financial markets, Europe is on track to match last year’s record-breaking venture capital (VC) activity, which saw over 12,000 deals raise over ...
- October 27, 2022
British money transfer firm Wise has received $300 million pounds (about $347.1 million) via a syndicated debt facility from the United Kingdom branch of California’s Silicon Valley Bank (SVB).
The debt ...
- October 18, 2022
Today in Europe, the Middle East and Africa, the U.K’s Competition and Markets authority announced that Meta is set to sell Giphy following the authority’s antitrust ruling. Meanwhile, Wise upgraded ...
- October 18, 2022
Wise, the U.K.-based cross-border money transfer business, has increased the average cost of transactions for the first time since 2020.
As reported in the Financial Times on Tuesday (Oct. 18), the ...
- September 9, 2022
Today in Europe, the Middle East and Africa, Amazon acquired the Belgian robotics company Cloostermans and Wise Platform launched a new solution to help banks enable their customers to receive ...
- September 9, 2022
Wise Platform, the enterprise-facing branch of cross-border payments firm Wise, announced Friday (Sept. 9) the launch of its new SWIFT International Receive service, which will allow Wise client institutions to ...
- August 30, 2022
Today in Europe, the Middle East and Africa, Wise has been slapped with a $360,000 fine by Abu Dhabi’s anti-money laundering regulator and PalmPay hits an important milestone, surpassing 10 ...
- August 30, 2022
Money transfer service Wise has been fined $360,000 in Abu Dhabi for violating anti-money laundering (AML) regulations.
The Abu Dhabi Global Market’s Financial Services Regulatory Authority (FSRA) said in a statement ...
- August 10, 2022
Money transfer service Wise and payments processing company Plaid have formed an open finance agreement to help customers move money across different financial institutions (FIs).
“FinTech has become so critical to ...
- July 19, 2022
In today’s top news from Europe, the Middle East and Africa (EMEA), Google is facing a lawsuit over allegations that the Big Tech firm overcharged its customers, while FinTech Wise ...
- July 19, 2022
British FinTech Wise saw its revenues increase 50% in the last quarter, with customers bringing forward money transfers in fear of volatility later this year.
As the Financial Times reported Tuesday ...
- June 28, 2022
It’s been a mixed couple of days for Wise. Following Monday’s (June 27) news that the company’s co-founder and CEO, Kristo Käärmann, had been named as a tax defaulter by ...
- June 19, 2022
Not having an equivalent to Silicon Valley, Europe’s technology sector is distributed across hubs all over the continent.
And while American Big Tech has tended to settle in London and Dublin ...
- April 20, 2022
In today’s FinTech news, Yapily and Yonder work together to roll out the credit welcome mat to people without a traditional credit score in the U.K., while the International Monetary ...
- April 20, 2022
For all our tech advances, moving money quickly and reliably is still a challenge — especially on a global scale. In the latest “Money Mobility Tracker,” Wise’s Sharon Kean looks ...
- April 19, 2022
Consumers are increasingly dependent on digital channels for financial accounts but often still want to use nondigital channels when dealing with complex or unfamiliar areas. While 71% of surveyed consumers ...
- March 20, 2022
The Arab Monetary Fund (AMF) has named RippleNet as a potential alternative to adopting central bank digital currencies (CBDCs), a report said Sunday (March 20).
The AMF’s Arab Regional Fintech Working ...
- February 28, 2022
Both cross-border payments company Wise and remittance processor Remitly have suspended their money transfer services in Russia due to the sanctions there and the ongoing military action in Ukraine, Reuters ...
- December 9, 2021
The digital money transfer platform Wise says it can now offer B2B transfers in China in the Chinese yuan (CNY) from eight currencies.
The company announced this move in a news ...
