TransferWise first e-money institution to join Faster Payments as a direct participant

(Marcel Ruhf) #1

A few days ago, TransferWise sent out an email regarding planned maintenance aimed at connecting directly to Bank of England systems. I was intrigued, since they do not have a banking license, so did some digging, and found this article, among others - a very significant development in my view, since it means that non-banks can directly connect to the UK’s payment systems without having to go through an intermediary.

(Hugh Wells) split this topic #2

2 posts were merged into an existing topic: Transferwise - Borderless Account

(Hugh Wells) closed #3