October 2024: Top five payments stories of the month
FinTech Futures takes a look back at five of the top payments stories from October.
WISE
Wise joins Japan’s domestic payment network Zengin
Wise will be able to process real-time payments in Japan directly, without intermediaries.
Revolut’s head of financial crime and fraud Aaron Elliott-Gross leaves to join Wise as product compliance lead
Elliott-Gross has been appointed as Wise’s global director of product compliance this month.
From VRPs to AI: Innovation takes centre stage at day two of Fintech Talents
Payments innovation and the regulation of AI were hot topics of discussion at this year’s Fintech Talents Festival.
Wise temporarily pauses new business onboarding in Europe
The company says it is “working to resume onboarding businesses in Europe as a priority”.
Sibos 2023: Cross-border payments dominate day one of Sibos with Swift-Wise partnership announced
The new partnership comes amid a host of Swift-led panels at Sibos focused on payment innovations.
Saudi Awwal Bank taps Wise for international money transfers
The bank is leveraging Wise’s technology to deliver “smooth and effective international transfers”.
Fintechs call on UK government to put an end to hidden fees in cross-border payments
15 fintechs including Wise, Monzo, Revolut and Klarna have penned an open letter to UK chancellor Jeremy Hunt.
Wise to offer its infrastructure to help fintechs issue accounts and cards
Wise Platform will roll out the new features in Australia initially, and has already signed two clients.
Wise CFO Matt Briers to leave money transfer firm next year
Wise will start the search for its next CFO immediately.
How the cloud helps companies reach their ESG goals while embracing a global outlook
Cloud-based core banking can help banks get leaner and greener.
FinTech Futures: Top five stories of the week – 28 October 2022
Here’s our pick of five of the top news stories from the world of finance and tech this week.
Wise lands £300m debt facility to fuel growth plans
The syndicated debt facility was led by Silicon Valley Bank UK with six other banks also participating.
Banks, broccoli and the peril of going out of date
Like broccoli, a bank can go out of date before anybody realises.
Cross-border payments giant Wise to hire 150 new staff in Singapore
The decision to expand in Singapore follows the opening of a new, larger APAC regional hub in the country.
Wise to add 1,000 staff across the globe in 2022
The recruitment drive would take its total headcount to 4,000.
Video: fintech news pick of the week – Wise, LBGI and Circle
Our top pick of news from the world of finance and tech in bitesize video format, twice a week.
Wise finalises record-breaking £8.75bn direct listing
Cross-border payments company debuts on the LSE in largest-ever listing for a tech firm.
Video: fintech news pick of the week – Wise, Société Générale & BBVA
Our top pick of news from the world of finance and tech in bitesize video format, twice a week.
Wise confirms direct listing on London Stock Exchange at estimated £9bn value
The listing is expected to be one of the largest in 2021.
Ex-Wise employees found commission-free trading app Lightyear
Lightyear claims to be the only true commission-free retail trading app.
Google Pay dips toe in cross-border market with Western Union, Wise
India, Singapore, and the US to be first countries trialled for remittances switch.
Thought Machine plugs into Wise’s money transfer API
Thought Machine is plugging into via its own ‘Vault’ platform.
Wise considers rare direct listing on London Stock Exchange
This would see Wise circumvent the conventional IPO process.
TransferWise rebrands as Wise to push platform capabilities
It’s dropping the first part of its name in a bid to underpin its expansion as a platform player.
Business banking challenger Wise launches premium account in US
The Californian challenger piggy backs off BBVA.
