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How Wise Is Disrupting The Cross-Border Payments Market, with Luke Hallard (Ticker: WISE)

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Is WISE a Bank?

WISE isn't trying to be bank, but they do want to offer like bank-like products to customers. They're very clear they don't ever want to get into making loans, and that's kind of a core part of a traditional banking proposition. Right now, you actually need a full banking license to be able to pay interest or WISE have found some interesting workarounds.

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