Provision record
Wise · Wise Terms of Use (Superseded URL) · View original document ↗

User Data and Privacy Authorization

Medium severity Medium confidence Explicit document language Common · 290 of 352 platforms
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Document Record

What it is

By using Wise, you agree that your personal and financial information can be collected, used, and shared with third parties including service providers, banks, and regulators as part of how Wise operates.

This analysis describes what Wise's agreement states, permits, or reserves. It does not constitute a legal determination about enforceability. Regulatory applicability and practical outcomes may vary by jurisdiction, enforcement context, and individual circumstances. Read our methodology

ConductAtlas Analysis

Why it matters (compliance & governance perspective)

Your financial transaction data and personal information will be shared with multiple third-party entities, and the full scope of that sharing is defined by Wise's Privacy Policy rather than this agreement alone, requiring you to review both documents to understand your data exposure.

Interpretive note: The specific categories of data shared with service providers and financial institutions are governed by the Privacy Policy, which is incorporated by reference but not available in this document, creating uncertainty about the full scope of sharing authorized by this consent.

Recent Activity

This document changed recently

Medium Jul 28, 2026

The updated terms extend the deadline for reporting transaction errors from 60 days to 120 days for all transactions except Send Money transfers. The 120-day period begins either from the first day you could see the error in your online account history or the day Wise sent the first written statement showing the error, whichever comes first. This change gives account holders twice as long to identify and report discrepancies before losing the right to dispute them.

View change record →

Clause Stability Mostly Stable

1
Change
5
Months Monitored
May 10, 2026
First Seen
May 20, 2026
Last Seen
This clause type exists across 5149 other provisions on other platforms.
This clause has changed once in 5 months of monitoring.

Change history

removed Jul 28, 2026

Removal of explicit privacy authorization language reduces transparency about data sharing practices, though similar provisions appear reorganized under customer due diligence section.

View full change record →
modified May 15, 2026

Changed from permissive language ('we may share') to affirmative consent requirement ('by using you consent'), added explicit reference to Privacy Policy, and removed the separate mention of aggregated/de-identified data sharing.

View full change record →

Consumer impact (what this means for users)

Your financial and personal data will be shared with Wise's service providers, partner financial institutions, and government regulators as a condition of using the service, and the Privacy Policy governs the details of that sharing, so reviewing both documents together gives the most complete picture of your data rights.

What you can do

⚠️ These actions may provide transparency or partial mitigation but may not fully address the underlying issue. Effectiveness varies by jurisdiction and individual circumstances.
  • Delete Your Data
    To request access to or deletion of your personal data held by Wise, contact Wise through the Help Center at wise.com/help and submit a data subject rights request. California residents can reference their CCPA rights when making this request.

How other platforms handle this

Tinder Medium

If you choose to reveal any personal information about yourself to other users, you do so at your own risk. We strongly encourage you to use caution in disclosing any personal information online.

Skillshare Medium

When you are asked to provide information, you may decline to do so; but if you choose not to provide information that is necessary to provide some of our Services, you may not be able to use those Services.

Square Medium

to request that your data be transferred to a third party (data portability)

See all platforms with this clause type →
▸ View Original Clause Language DOCUMENT RECORD
"
By using our services, you consent to the collection, use, and sharing of your personal and financial information as described in our Privacy Policy. This includes sharing your information with third-party service providers, financial institutions, and regulatory authorities as required to provide our services and comply with applicable law.

Excerpt from Wise's Terms of Use (Superseded URL)

ConductAtlas Analysis

Institutional analysis (regulatory & governance intelligence)

1) REGULATORY LANDSCAPE: The collection and sharing of financial and personal data by a money services business engages the Gramm-Leach-Bliley Act's financial privacy provisions, which require specific annual privacy notices and opt-out rights for certain …

Insight

Unlock the full institutional analysis

Enforcement risk, jurisdiction flags, contract triggers, and due diligence action items.

Applicable agencies

  • Federal Trade Commission (ftc)
    Oversees unfair or deceptive business practices and can investigate companies that mislead consumers about data collection, sharing, or use.
    Who can file: Anyone affected by the company's practices (US or international)
    What you need: Your account details, a timeline of relevant events, and a description of the specific issue
    What to expect: Complaints inform FTC enforcement priorities and investigations but do not result in individual resolution or compensation
    File a complaint →
  • Consumer Financial Protection Bureau (cfpb)
    Regulates consumer financial products and services. Can investigate companies for unfair, deceptive, or abusive financial practices including improper fees, billing errors, and data misuse.
    Who can file: Anyone who has used a consumer financial product or service in the US
    What you need: Account number or details, dates of transactions or events, description of the issue, and any supporting documents
    What to expect: The company must respond within 15 days. The CFPB forwards your complaint and may use it in enforcement actions. Individual compensation is possible in some cases.
    File a complaint →

Applicable regulations

Connecticut Data Privacy Act Amendments
US-CT
CAN-SPAM
United States Federal
FCRA
United States Federal
FTC Act Section 5
United States Federal
GDPR
European Union
GLBA
United States Federal
Indiana Consumer Data Protection Act
US-IN
Kentucky Consumer Data Protection Act
US-KY
UK GDPR
United Kingdom
Universal Opt-Out Mechanism Expansion 2026
US

Provision details

Document information
Document
Wise Terms of Use (Superseded URL)
Entity
Wise
Document last updated
May 5, 2026
Tracking information
First tracked
May 10, 2026
Last verified
May 10, 2026
Record ID
CA-P-008350
Document ID
CA-D-00265
Evidence Provenance
Source URL
Wayback Machine
Content hash (SHA-256)
766cd35efcda3d6e56bbb4a99b45d90b9673018b4723cefb2c63c45c5f1df721
Analysis generated
May 10, 2026 05:31 UTC
Methodology
Evidence
✓ Snapshot stored   ✓ Hash verified
Citation Record
Entity: Wise
Document: Wise Terms of Use (Superseded URL)
Record ID: CA-P-008350
Captured: 2026-05-10 05:31:57 UTC
SHA-256: 766cd35efcda3d6e…
URL: https://conductatlas.com/platform/wise/wise-terms-of-use-superseded-url/provision/CA-P-008350/user-data-and-privacy-authorization/
Accessed: Sept. 8, 2026
Permanent archival reference. Stable identifier suitable for legal filings, compliance documentation, and research citation.
Classification
Severity
Medium
Categories

Other risks in this policy

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Frequently Asked Questions

What does Wise's User Data and Privacy Authorization clause do?

Your financial transaction data and personal information will be shared with multiple third-party entities, and the full scope of that sharing is defined by Wise's Privacy Policy rather than this agreement alone, requiring you to review both documents to understand your data exposure.

How does this clause affect you?

Your financial and personal data will be shared with Wise's service providers, partner financial institutions, and government regulators as a condition of using the service, and the Privacy Policy governs the details of that sharing, so reviewing both documents together gives the most complete picture of your data rights.

How many platforms have this type of clause?

ConductAtlas has identified this type of provision across 290 platforms. See the full comparison.

Is ConductAtlas affiliated with Wise?

No. ConductAtlas is an independent monitoring service. We are not affiliated with, endorsed by, or sponsored by Wise.