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Verilumia

The Daily Verified Briefing

Markets

OCC denies Wise US charter and to refile under GENIUS Act

Published 26 July 2026

The U.S. Office of the Comptroller of the Currency has formally denied a national trust bank charter application from the London-based payments fintech Wise, citing significant deficiencies in its anti-money laundering and counter-terrorism financing compliance programs.

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