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July 2023

- 19 July 2023
- Statements and Blogs
Consumers and SMEs lost £5.6 billion in cross border fees last year: Fintechs demand Chancellor address the problem a...

Today, some of London’s biggest fintech companies and interest groups have come together to demand an urgent review of legislation regarding hidden fees for international payments. Fifteen companie...

- 15 March 2023
- Statements and Blogs
IBAN Discrimination: Stop Breaking the Law

IBAN discrimination happens when your bank, gym, internet provider, tax authority, employer etc refuse to accept your (bank) account because it isn't from the "right" country.

- 21 February 2023
- Statements and Blogs
Underwhelming progress: Wise launches 2022 remittance report

Millions of us financially support friends and family abroad. But getting that money - so-called remittances - to the other side is much more expensive than it has to be.

- 26 October 2022
- Statements and Blogs
Wise statement on the European Commission's instant payments proposal

We hugely welcome the Commission’s proposal to make instant payments mandatory. It is the only way to make instant the norm. Banks have had the opportunity to implement SCT Inst since 2017, so it's...

- 25 July 2022
- Statements and Blogs
PSD2 - we had our say, now have yours

The European Commission has started a review process of the PSD2. They are asking how they can improve PSD2 so it works better for people and businesses across the EU. We believe that three key cha...
- 18 July 2022
- Initiatives
Nothing To Hide

A global grassroots campaign striving to bring transparent pricing to international payments to help achieve the United Nations Sustainable Development Goal of reducing remittance prices below 3% b...

- 30 June 2022
- Statements and Blogs
IBAN discrimination: How to ignore the law and get away with it

In 2014, the European Union passed a law that made it illegal to discriminate against a bank account number (IBAN) from another European country.
- 22 June 2022
- Initiatives
Pride at Wise: An open letter

During this year’s Pride, we’ll be celebrating all the people that have gone before us, because long before it was a party Pride was a very real protest at the discrimination that LGBTQ+ community ...
- 16 June 2022
- Statements and Blogs
Remittances: why they matter to me and millions more around the world

Today, we celebrate the International Day of Family Remittances. Wise was founded by immigrants, built by immigrants, and is used by immigrants.

- 19 May 2022
- Statements and Blogs
Change the law: tell the European Commission what you think

Help us end hidden fees in the EU. Call on the European Commission to put an end to financial providers hiding fees in inflated exchange rates. Share why transparency in international payments is i...
- 19 May 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...

- 16 December 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.

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