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May 2022

- May 19, 2022
- Initiatives
Transparency & PSD2 - here we go again!

Financial providers hide fees whenever people send money abroad. They can continue to rip people off because the rules are too vague. You now have the chance to tell the European Commission that th...

- December 16, 2021
- Statements and Blogs
Hidden fees continue, despite EU transparency law: An open letter from the tech community to the European Parliament

We came together with a group of tech companies in Europe to call on the European Parliament to take notice. As long as CBPR2 isn’t applied and enforced, European consumers will continue to lose out.
- December 13, 2021
- Product
Wise Business launches new, cheaper than ever, international expense cards

Wise Business, the business account for going global, has today announced the launch of its new employee expense card, which is set to save businesses and their employees time, hassle and money on ...

- October 14, 2021
- Statements and Blogs
$11.5B lost in remittance fees this year alone

Today more than ever, low- and middle-income communities rely on money sent home from friends and family abroad. In 2021, G20 sending countries will send nearly $215 billion in remittances - but a ...

- September 23, 2021
- Reports and Research
People sending remittances from G20 countries set to lose $11.5bn in fees in 2021

In 2021, people in G20 sending countries are estimated to send over $215 billion in remittances across borders to support families and friends. A new analysis of World Bank data, conducted by globa...

- August 16, 2021
- Statements and Blogs
1000 reports of IBAN discrimination submitted via Accept My IBAN

Accept My IBAN, a coalition of companies that came together to combat the illegal practice of IBAN discrimination, announces today that it has received 1000 complaints of IBAN discrimination just f...

- July 7, 2021
- Corporate
Wise lists on the London Stock Exchange

Wise releases independent research* revealing £150 billion is unknowingly spent in hidden fees on foreign currency transfers each year, to coincide with its direct listing on the London Stock Excha...

- June 24, 2021
- Corporate
Wise Confirms Intention to Float on the London Stock Exchange

Following the announcement on 17 June 2021 of its expected intention to float, Wise today confirms its intention to undertake a direct listing.

- March 15, 2021
- Initiatives
IBAN not accepted? Report it here 👉 Accept My IBAN

IBAN discrimination has been against the law for 7 (seven!) years and it’s still something lots of people - and especially those living international lives - face way too often.

- October 23, 2020
- Statements and Blogs
Sending money home in times of COVID

COVID-19 has thrown a wrench in all our plans for 2020. The pandemic has hit budgets across the globe and that’s reflected in the amounts of money people send to their family and friends back home ...

- September 16, 2020
- Statements and Blogs
Wise announces its first direct access integration in the EU, gets settlement account with the Central Bank of Hungary

Wise has been granted direct access to Hungary’s payment infrastructure, a first in the European Union for the company. The Central Bank of Hungary (Magyar Nemzeti Bank, MNB) has provided the compa...

- May 5, 2020
- Statements and Blogs
Transparency comes to Europe, ish.

In January, we highlighted a new European regulation, CBPR2, because it was meant to lower fees for some payments in the EU. Since 15 December 2019, firms are required to charge the same for a paym...

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