Wise stories
Wise Platform has launched a new way to help enterprises and their customers with cross-border money management.
This holiday season, Kiwis have ramped up international online spending, with transactions spanning 149 countries, seeking better deals amidst rising costs.
Morgan Stanley has partnered with Wise to enhance its foreign exchange settlement capabilities, marking a first for an investment bank in this area.
The collaboration will help financial institutions provide a greater range of choice to their customers for cross-border payments.
The new partnership gives customers autonomy, enabling payments in most countries and currencies at the time, frequency and currency of their choice.
Tencent Financial Technology and Wise are teaming up to allow international money transfers to China through Weixin, the Chinese version of WeChat.
A Wise survey reveals New Zealand SMEs face significant hurdles in global expansion, particularly high costs and hidden fees in international payments.
Wise's research reveals 29% of Kiwis lack understanding of international money transfer fees, and calls for NZ government regulation to ensure transparency.
UK fintech company Payhawk aims to expand its London team by 44% following a successful year and the acquisition of its UK EMI Licence.
REGnosys partners WISE, a social enterprise, to combat gender inequality in technology by improving young women's awareness of STEM careers and amplifying female role models in the sector.
New Zealand businesses face challenges in expanding overseas due to COVID-19 and international payments, says Wise Business research.