Wise Fined US$2.5M by US Regulators for Misleading Customers
Fintech News
FEBRUARY 2, 2025
million in penalties by US regulators due to a series of illegal actions, including misleading advertising regarding its fees. Regulators additionally determined that Wise did not refund remittance fees within the legally required timeframe when payments failed to arrive on time. Wise has been ordered to pay nearly US$2.5
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