News archive

September 2021

• • 23 September 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 2021

• • 16 August 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 2021

• • 7 July 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 2021

• • 24 June 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 2021

• • 15 March 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 2020

• • 23 October 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 2020

• • 16 September 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 2020

• • 5 May 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...

April 2020

• • 8 April 2020
  • Statements and Blogs

  Europe paves the way for payments that work for everyone

  Last week, the European Commission set out their ambitions for retail payments in Europe: making payments cheaper, faster, convenient and more transparent for consumers - a mission that the Wise te...

March 2020

• • 11 March 2020
  • Statements and Blogs

  IBAN discrimination: What to do if a company doesn’t accept your IBAN

  In finance, it’s important to know your rights and what to do when they’ve been violated.

January 2020

• • 20 January 2020
  • Statements and Blogs

  CBPR2, whatcha-who?

  New EU rules require all cross-border payments in euro in non-eurozone EEA countries to be priced the same as domestic payments. This regulation (the extension of the Cross-Border Payments Regulati...

March 2019

• • 29 March 2019
  • Statements and Blogs

  European Union announces transparency for online cross border payments

  Every year, Europeans lose more than €12.5billion to hidden fees when they send or spend their money abroad. This is because providers have been hiding extra fees in the exchange rate, yet advertis...