Statements and Blogs
News releases
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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...
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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.
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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.
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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...
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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...
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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.