Reported 16 days ago
Wise, a leading fintech firm, highlights the need for improved money transfer processes from the US in a report released alongside the G20 Finance Ministers meeting. Chief Banking Officer Diana Avila pointed out that the US has fallen behind in transparency and regulation, specifically regarding fees and exchange rates. As Wise aims to enhance competition and transparency in money transfers, it collaborates with major banks to facilitate faster and more affordable international transactions for consumers.
Source: YAHOO