Wise’s Cross-Border Payments Are Its Fastest-Growing Business
As cross-border payments continue to shift away from traditional banking routes, the fintech company Wise used its U.S. public market debut to spotlight the growing momentum behind its infrastructure business, Wise Platform. The segment, which enables banks and technology companies to plug into Wise’s international payments network, has become its fast-growing product area, reflecting rising […]
DoorDash Could Expand into Payments with Restaurant POS Launch
DoorDash has already partnered with financial services providers such as Klarna and Stripe to broaden its payments capabilities, and it may now be preparing to take a more direct role in payments and in-store restaurant technology. Rothschild & Co Redburn analyst Dominic Ball said that, based on “extensive channel checks, product evidence, hiring activity and […]
The Hidden Cost of Fraud Disputes Is Hitting Banks Hard
Fraud disputes are one of the fastest ways for banks to lose customers—and one of the least prioritized parts of the business. Despite the high costs, many institutions still treat them as a back-office function rather than a decisive point in the customer relationship. Beyond immediate losses—such as chargebacks, write-offs, and investigation expenses—banks also lose […]