Wise

New Year, New AML and Compliance Approach for Financial Institutions
New Year, New AML and Compliance Approach for Financial Institutions
December 03, 2024  |  AML

It’s almost 2025, but many businesses are still facing the same old anti-money laundering (AML) and know your customer (KYC) concerns, among other compliance requirements....

READ MORE >
Report: Wise Implements Regulator’s Recommendations to Bolster AML Programs
Report: Wise Implements Regulator’s Recommendations to Bolster AML Programs
November 29, 2024  |  AML

FinTech Wise reportedly has implemented a European regulator’s recommendations to bolster its anti-money laundering (AML) programs. Wise was forced into a formal remediation plan after the National...

READ MORE >
Wise Resumes Signing Customers in India to Tap $32 Billion Remittance Market
Wise Resumes Signing Customers in India to Tap $32 Billion Remittance Market
August 12, 2024  |  Cross-border Payments

Money transfer firm Wise is reportedly hoping to tap India’s $32 billion remittance market. To that end, Wise plans to begin signing up new customers in the world’s most...

READ MORE >
Wise Plans to Hike Its  Payment Infrastructure Investment
Wise Plans to Hike Its Payment Infrastructure Investment
June 13, 2024  |  Cross-border Payments

Wise is upping its investment in payment infrastructure as its customer base grows. The U.K.-based money transfer firm on Thursday (June 13) released year-end results...

READ MORE >
Money Transfer Firm Wise Reports 29% Growth in Active Users
Money Transfer Firm Wise Reports 29% Growth in Active Users
April 16, 2024  |  Payment Methods

Money transfer firm Wise saw its number of active customers grow 29% year over year during the fourth quarter of fiscal year 2024. That growth brought its...

READ MORE >
Swan Taps Wise to Enable International Payments for European Companies
Swan Taps Wise to Enable International Payments for European Companies
April 05, 2024  |  Cross-border Payments

European embedded finance firm Swan has integrated Wise Platform to enable its clients to send and receive money from more than 190 countries.  With Wise Platform, which is Wise’s...

READ MORE >
Wise Closing In on Revolut in Provider Ranking of Digital Banking Apps
Wise Closing In on Revolut in Provider Ranking of Digital Banking Apps
January 29, 2024  |  Banking

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...

READ MORE >
Revolut Scores Perfect 100 in Provider Ranking of Digital Banking Apps
Revolut Scores Perfect 100 in Provider Ranking of Digital Banking Apps
December 27, 2023  |  Banking

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...

READ MORE >
Revolut Nets Perfect Score in PYMNTS Provider Ranking of Digital Banking
Revolut Nets Perfect Score in PYMNTS Provider Ranking of Digital Banking
November 28, 2023  |  Banking

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...

READ MORE >