Transferwise news and trends

Baltics Accelerate Real-Time Adoption Amid Faster Payment Headwinds in Europe

March 05, 2023
Today In Payments Around The World: Mastercard, ACI Team On Real-Time Payments In Peru; TransferWise...
International // February 22, 2021

In today’s top payments news around the world, Mastercard and ACI Worldwide are teaming to advance real-time payments in Peru, while TransferWise is changing its name to Wise. Plus, UK Finance is looking at international expansion for financial services in the country. Mastercard, ACI Worldwide...

Today In Payments: M&T Bank Acquiring People’s United For $7.6 Billion; Restaurant POS Provider Toast...
News // February 22, 2021

In today’s top news, M&T Bank has agreed to acquire People’s United for $7.6 billion, and restaurant POS provider Toast is mulling an IPO. Plus, Transferwise is rebranding to Wise to reflect the company’s broadening services. M&T Bank Closes In On $7 Billion Acquisition Of...

TransferWise Rebrands To Wise
Cross-border Payments // February 22, 2021

TransferWise will change its name to simply Wise, a press release says, which will reflect the broader change of the company beyond its original roots as a money transfer company. Wise was initially launched in 2011 with just money transfer services. However, its services have expanded...

Quevos, Loyalty Programs, Digital Payments Top This Week’s News
The Weekender // January 29, 2021

In this week’s news, we saw Quevos secure funding, new data on loyalty and rewards programs, and research on how nonprofits are using digital payments. The Weekender is here to catch you up. News  22-Year-Old Entrepreneurs Win ‘Shark Tank’ Deal For Quevos Startup Quevos recently...

Interviews & Exclusives
Cloud Speeds Cross-Border Card Issuance For Visa and TransferWise

January 28, 2021
Here’s a topic for debate. Resolved: The highest priorities for banks and credit card companies in today’s payments landscape are cross-border payments, relationships with FinTechs and cloud-based technology. It would be a spirited debate and one that frequently plays out among the executives that color the content of pages. However, it’s hard to believe Visa […]

Report: Helping Banks Speed Payments Cross Border And Make A Clean Correspondent Bank Break

October 15, 2020
Cross-border payments are a necessary, yet often frustrating part of the world economy, with international transactions prone to overlapping government regulations, excessive fees and slow processing times. These difficulties are...

How Bank Debits Are Driving Subscription Commerce Growth

November 06, 2019
Recurring payments and commerce are taking the world by storm as businesses seek to expand their global operations, and consumers of all types get more comfortable with online subscriptions. However,...

Quick Reads
TransferWise Rebrands To Wise

February 22, 2021
TransferWise will change its name to simply Wise, a press release says, which will reflect the broader change of the company beyond its original roots as a money transfer company. Wise was initially launched in 2011 with just money transfer services. However, its services have expanded in the time since to include cross-border payments, enacting a […]

TransferWise Uses Visa Cloud Connect To Expand Debit Offer Globally

January 27, 2021
Visa has debuted a new global partnership with TransferWise after working together on the new Visa Cloud Connect program, allowing FinTechs a new way to securely connect with the cloud, according to an...

TransferWise Appoints Goldman Sachs, Morgan Stanley For London IPO

January 21, 2021
British payments group TransferWise will file its anticipated initial public offering (IPO) with joint coordinators Goldman Sachs and Morgan Stanley, two of the biggest U.S. banks, Sky News reported on Thursday...

Emburse, TransferWise Team To Automate Cross-Border Expense Reimbursements

October 20, 2020
Emburse, which works in expense management and accounts payable automation, has launched Emburse Global Reimbursements, intended to help pay employee expenses in a more efficient, cost-effective way. The solution is...