"Notes from the desk: Welcome to this month's Quarterly Review, a series where I dive into what executives from some of the best brands in financial services are focusing on in this quarter, as well as how they are planning to achieve their goals. It's a chance for the industry to learn about what goes on behind an FI's four walls and how leadership manages their priorities."
"Payments are the lifeblood of finance, and have a critical role in shaping consumers' and businesses financial health. One of the biggest players in the space, Wise, has significantly raised the bar when it comes to speed and experience. In today's story, the spotlight is on Langbridge, who shares how Wise plans on broadening its presence inside the traditional banking ecosystem, allowing them to tap into the speed and ease of use that Wise has made part and parcel of modern transactions."
Executives in financial services set quarterly priorities and outline plans to achieve measurable goals, with a planned follow-up to assess execution in the next quarter. Payments are described as the lifeblood of finance with a central role in shaping consumer and business financial health. Wise has significantly improved speed and user experience for international payments and seeks to broaden its presence within the traditional banking ecosystem. Wise Platform exposes a 14-year-built global payments infrastructure via simple APIs, providing a scalable alternative to legacy correspondent banking and enabling banks, financial institutions, and enterprises to offer cost-effective international payments within their own platforms. Existing partners include Morgan Stanley, Ramp, and Google. The current focus is to onboard new partners and deepen relationships with existing ones.
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