Articles from Wise
Morgan Stanley Selects Wise Platform to Enhance Payments Capabilities for Corporate Clients
Wise, the global technology company building the best way to move and manage the world’s money, today announced that it has been selected by Morgan Stanley, a leading global financial services firm, to facilitate Morgan Stanley’s foreign exchange international settlement capabilities for its corporate customers. Morgan Stanley will offer clients high-speed cross-border settlements through Wise Platform, Wise’s global payments infrastructure for banks. This integration will also make Morgan Stanley the first investment bank to enable these corporate payment capabilities on Wise Platform.
By Wise · Via Business Wire · December 17, 2024
Widespread Consequences of Junk Fees Uncovered, With Financial Transactions Showing Most Impact on Americans
As political efforts intensify to combat junk fees across various sectors, a groundbreaking study conducted by Wise, the global technology company building the best way to move and manage money internationally, unveils a hidden landscape of fees plaguing the everyday lives of Americans. This research not only sheds light on the pervasive nature of these junk fees, but also highlights their far-reaching consequences, including how they are altering consumer purchasing habits and eroding trust in financial institutions.
By Wise · Via Business Wire · January 23, 2024
Wise Kicks Off Austin Expansion Plan with Relocation to The Domain Tower II
Wise, the global technology company building the best way to move money around the world, today announced that it is relocating its Austin office to The Domain Tower II located on Alterra Parkway. The move comes as the company also announced plans for further expansion in the market, including increasing its Austin-based headcount by 50% in 2024.
By Wise · Via Business Wire · November 1, 2023
Swift and Wise Join Forces to Expand Cross-Border Payment Options Globally
Swift and Wise have announced an innovative collaboration to increase cross-border payment options for financial institutions and their customers, enabling payments sent securely via Swift to complete seamlessly over Wise with end-to-end transparency.
By Wise · Via Business Wire · September 18, 2023
Wise Launches New Interest Feature for US Customers, Bolstering Multi-Currency Account
Wise, the global technology company building the best way to move money around the world, is now offering its US based business and personal customers1 the opportunity to opt-in to receiving 3.92% APY on their USD balances. This new feature of the Wise Account will allow customers to earn interest on USD balances while keeping the flexibility to send, spend and receive money internationally with instant access to their funds.
By Wise · Via Business Wire · April 25, 2023
Bluevine and Wise Launch International Bill-Pay Solution for U.S. SMBs
Wise, the global technology company building the best way to move money around the world, and Bluevine, the leading provider of small business banking solutions, today announced a partnership that leverages the power of Wise Platform to make international payments more convenient, simple and transparent for Bluevine’s customers in its all-in-one digital banking account.
By Wise · Via Business Wire · April 12, 2023
Wise Platform and Interactive Brokers Team Up to Make Global Investing Easier
Wise, the company building the best way to move and manage money around the world, has announced a collaboration with Interactive Brokers (IBKR), an automated global electronic broker. Interactive Brokers has integrated Wise to allow clients a simple and seamless experience when making deposits in their trading accounts.
By Wise · Via Business Wire · April 5, 2023
Wise Unveils New Look as It Reaches 16 Million Customers Served Worldwide and Continues Global Expansion
Wise, the global technology company building the best way to move and manage money is today rolling out a new look and feel. This comes as the company announced that it has reached 16 million customers served worldwide, and revealed plans for further global expansion.
By Wise · Via Business Wire · March 1, 2023
Wise Enters 2023 With 15 New Partners in 4 New Markets, Bringing Total to Over 60 Partners Worldwide
Wise, the global technology company building the best way to move money around the world, launched 15 new partnerships in 2022 and enters 2023 with a total of 60 partners globally.
By Wise · Via Business Wire · January 26, 2023
Wise Accelerates Headcount as Customer Demand Fuels Continued Expansion
Company plans to grow its U.S. presence with over 250 new hires in 2023
By Wise · Via GlobeNewswire · December 13, 2022
WISE Receives FDA Clearance for its WISE Cortical Strip Bringing Neuromonitoring to the Next Level
WISE Srl, a medical device company developing next-generation implantable electrodes for neuromonitoring, neuromodulation and brain-machine interfacing (BMI), today announced the FDA clearance (K221123) of its WISE Cortical Strip (WCS®), a single use medical device intended to be used on the brain surface for Intra Operative Neurophysiological Monitoring (IONM).
By WISE · Via Business Wire · December 1, 2022
Cross-Border Conflict: U.S. Small Businesses Face Expansion Hurdles Due to International Banking Complexities
A new study released today by Wise (LSE: WISE) found that nearly a third (34%) of U.S. small and medium sized businesses (SMBs) are currently operating internationally, but broken payments and banking technology remain a barrier to international ambitions.
By Wise · Via Business Wire · December 15, 2021
Wise Announces North American Expansion Plan
Wise, the global technology company building the best way to move money around the world, today announced a 2022 North American expansion plan that will see the company hire more than 150 people; expand its U.S.-based operations to Austin, Texas; and, move its New York City headquarters office to a new, larger location.
By Wise · Via Business Wire · November 30, 2021
The Orchard Partners With Wise to Help Music Artists Across the World Get Paid
The Orchard today announced that it has partnered with global technology company Wise (formerly TransferWise) to offer a new service, which creates a faster, cheaper, more streamlined way for music labels to pay artists across multiple countries and currencies. The solution is being offered through The Orchard’s new Collaborators tool, which enables music labels to digitally split, track and send royalty payments to their artists and collaborators.
By Wise · Via Business Wire · October 20, 2021
Andrews Federal Taps Wise to Power International Money Transfers
Andrews Federal Credit Union (Andrews Federal) and Wise today announce a new digital remittance integration set to save money for members of the Armed Forces – especially those stationed overseas – directly through the convenience of their current Andrews Federal banking dashboard. Set to be live later this year, and powered by Wise, Andrews Federal members will no longer need to rely on costly legacy wire transfers and in-person transactions to send money cross-currency. With a few clicks, money can be received instantly with Wise’s payments infrastructure with a track record of moving 38% of its transfers instantly (in less than 20 seconds).
By Wise · Via Business Wire · October 13, 2021
New Survey Finds Post-Pandemic Travel Will Pose Challenges Old and New
Wise today released the Wise International Travel Survey, assessing U.S. international travelers’ attitude and willingness to travel abroad. This comes on the heels of the White House announcing that the U.S. will reopen in November to air travelers from 33 countries who are fully vaccinated against COVID-19. According to the three market study of consumers, 82% of U.S. travelers say that as things get back to normal, international travel is one of the things that they’re looking forward to most. While 72% expressed that they are currently planning an international trip.
By Wise · Via Business Wire · September 27, 2021
WISE’s Cutting-Edge Cortical Neuromonitoring Electrode Receives CE Mark
WISE Srl, a medical device company developing next-generation implantable electrodes for neuromonitoring, neuromodulation and brain-machine interfacing (BMI), today announced the CE marking of its WISE Cortical Strip (WCS®), a single use medical device intended to be used on the surface of the brain for intraoperative neurophysiological monitoring (IONM).
By WISE · Via Business Wire · May 18, 2021
Wise Platform Now Integrated on Google Pay
Wise today announces an integration to bring Wise Platform to Google Pay users. Starting today, Google Pay users in the U.S. on iOS and Android devices are able to send money to their friends and family abroad within the Google Pay app, with access to Wise’s fast, cheap, and transparent services. The initial launch will enable Google Pay users in the U.S. to send money to Google Pay users in India and Singapore, with global send money capabilities to people in Wise’s 80+ country network later this year.
By Wise · Via Business Wire · May 11, 2021