FF News Logo
Friday, August 07, 2026

Breaking News

Oxford Risk: Placing the Human at the Center of Wealth and Asset Management Transformation CLS Appoints Six New Board Directors Mobey Forum Calls for a Collaborative Approach to Fraud Prevention in Rethinking Fraud in a Connected World SumUp Launches in Canada European Fintech Association Elects New Board of Directors G+D: Navigating the Future of Fintech Agility and Innovation Connect IFA Strengthens Leadership Team to Drive Growth and Enhance Adviser Support FreeAgent Launches New AI Tool for Landlords to Capture Rental Statements EXCLUSIVE: “Keeping The Rubber on Track” – Nick Kerigan, Swift in ‘The Fintech Magazine’ Megadeals Are Back. Here’s Why J-P Conte Thinks Patient Capital Still Wins. A New Way to Get Paid: Modulr Adds cVRP to Its Collections Hub DIFC Future of Finance Report: Digital Native, AI Driven Challenger Banks Redefining Banking Models, Signalling Industry’s Biggest Shift Since 2008 UK Financial Institutions Look to Decade of AI-Driven Growth as Confidence Strengthens LUMIQ Raises Strategic Funding to Become the AI Decision Layer for Financial Services easypaisa and Binance Sign MoU to Explore Emerging Financial Technology Growth in Pakistan

June 9 2023

Steve Naudé Discusses Changes In Cross-Border Payments

Share this post:

Share on LinkedIn Share on WhatsApp

Here Steve Naudé, Head Of Wise Platform, talks to FF News about the changes and challenges in cross-border payments and customer demands. Wise is a foreign exchange company which aims to make money transfers cheap, fair and simple.

“Customer expectations have really shifted in recent years. Not just in payments, but in many things, if you order food to your home you want it to be there in five or ten minutes … When you then send money internationally and it takes three or four days, there’s a disconnection from this ‘Now! Now! Now!’ world that we live in. So speed is a huge part of customer expectations these days.”

“With Wise, over 50% of our payments are instant, which is less than 20 seconds from one account to settling with the recipient, and that’s where customer expectations are on speed.”

“All these challenges [in cross-border payments], technical, regulatory and operational, understanding how all the money works, how all the local schemes work are pretty significant. For us, this is all we do, it’s the main part of our business.”

People In This Post

Steve Naudé

Steve Naudé

Wise

Companies In This Post

Wise

Wise
  1. Oxford Risk: Placing the Human at the Center of Wealth and Asset Management Transformation

    Banking Transformation Summit 2026

     Read more
  2. CLS Appoints Six New Board Directors

    Hiring

     Read more
  3. Mobey Forum Calls for a Collaborative Approach to Fraud Prevention in Rethinking Fraud in a Connected World

    Fintech

     Read more
  4. SumUp Launches in Canada

    News

     Read more
  5. European Fintech Association Elects New Board of Directors

    Hiring

     Read more
More On