• OCC denied Wise’s application for a U.S. national trust bank charter.
• Decision cited issues tied to the original filing, including a July 2025 multi-state consent order referenced by the OCC.
• Denial leaves U.S. operations unchanged under existing money transmitter licenses across 48 states and four territories.
• Wise flagged May 2026 Federal Reserve policy proposals that pause master account access for uninsured trust banks, undermining its original application structure.
• Company plans to reapply under a GENIUS Act framework as U.S. payments regulation shifts.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Wise Group plc published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0000950142-26-002155), on July 23, 2026, and is solely responsible for the information contained therein.