The big 5 – paving the way for cross-border transfers

In this highlights reel from our London 2024 event, Nilan Peiris, Wise’s Chief Product Officer, outlines how banks can recapture market share in the low-value cross-border payments sector worth $12 trillion in global transaction outflows. Peiris discusses five core capabilities – network, treasury, scalable compliance, operational automation, and customer experience – that banks must cultivate to successfully win back the retail segment.