Making Cross Border Payments instant

Amy Dicketts, Principal Product Manager at Wise, explains in technical terms how Wise sends 55%+ of international transfers ‘instantly,’ in under 20 seconds. She also offers the inside track on how Wise is building an international payments network ensuring international payments arrive as quickly as domestic payments, and how valuable this is to customers – as well as how costly it can be when their banks do not prioritise speed. She is joined by Sean Koh, senior implementation manager for Wise Platform, who walked attendees through a live demo of an instant payment, giving a step by step view of our real-time compliance, AML and fraud checks and liquidity management processes.