<ul data-eligibleForWebStory="false"><li>Wise US settles with six state regulators for $4.2 million over allegations of inadequacies in AML/CFT Program.</li><li>The settlement requires Wise US to remediate deficiencies in its AML/CFP program, undergo independent verification of corrective actions, and submit quarterly progress reports for two years.</li><li>New York State DFS Superintendent emphasized collaboration with state partners to maintain financial system integrity and protect consumers.</li><li>Wise PLC subsidiary, Wise US, also settled with the CFPB in a separate case regarding inaccurate fees and consumer disclosures.</li></ul>

Wise Settles States’ Allegations of Inadequacies in AML/CFT Program

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