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Wise: Profit upgrade sends shares up as fintech revels in rising interest rates

Wise shares jumped at the open after the fintech firm hiked its profit guidance for the year on the back of a bumper three months.

Kristo kaarmannCharlie conchieHarsh sinhaWise account

18 Resources To Help Finance Workers Keep Track Of What s Trending

Attend events, access networks and read articles in other industries and look at how their financial practices are changing.

United statesRam palaniappanGeetanjali tandonAndreas schweitzerEvan jehleNeil andersDavid rosenbergKarim nuraniAlex rampellPeter boockvarKristo kaarmannXan myburghJohn mauldinJulie delongRyan carrollJared weitz

Fintech giant Wise allowed Russia sanctions target to withdraw money, UK government says

An individual on the U.K.’s Russia sanctions list was allowed to make a withdrawal of £250 ($316.63) from a business account on Wise, a government body said.

New yorkUnited statesUnited kingdomKristo kaarmannOffice of financial sanctions implementationFinancial conduct authorityFinancial sanctions implementationHer majestyChief technology officer harsh sinha

Fintech giant Wise allowed Russia sanctions target to withdraw money

An individual on the U.K.'s Russia sanctions list was allowed to make a withdrawal of £250 ($316.63) from a business account on Wise, a government body said.

United kingdomKristo kaarmannOffice of financial sanctions implementationFinancial conduct authorityFinancial sanctions implementationHer majestyChief technology officer harsh sinhaEbay incPaypal holdings incWise plcBreaking news technologyBreaking news marketsBreaking news economyBusiness news

Wise breached Russia sanctions with £250 withdrawal and accused of having inappropriate controls

Wise has been accused of “inappropriate” controls after allowing a sanctioned Russian customer to withdraw cash from a business account.

United kingdomCity ofAbu dhabiKristo kaarmannTreasury office of financial sanctions implementationCharlie conchieFinancial sanctions implementationDesignated person

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