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  • Wise shares bounce on ‘milestone’ Morgan Stanley payments deal

    Fintech

    Shares in Wise have jumped this afternoon after the London-listed fintech firm announced a “milestone” deal to handle foreign exchange payments for Morgan Stanley’s corporate clients. The money transfer firm said Morgan Stanley will become the first major investment bank to offer “high speed cross border” payments through its platform business, which provides payments infrastructure [...]

    Cross-border volumes for all customers rose 14 per cent to over £30bn with "strong growth" in the smaller personal volume.

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