This is huge!! Big impact on some larger challenger banks and fintechs.
"This now means customers money cannot be accessed."
Requirements have been imposed on Wirecard’s authorisation https://www.fca.org.uk/news/news-stories/requirements-imposed-wirecard-authorisation
"This now means customers money cannot be accessed."
Requirements have been imposed on Wirecard’s authorisation https://www.fca.org.uk/news/news-stories/requirements-imposed-wirecard-authorisation
Starting to see the impacts of this.
@ANNAMoneyUK suggesting their customers withdraw money via App, Faster Payments transfer, or by debit card at ATM.
Customer first approach, but I do hope it's OK for them tosuggest this?
https://twitter.com/annamoneyuk/status/1276472004632289280?s=21 https://twitter.com/annamoneyuk/status/1276472004632289280
@ANNAMoneyUK suggesting their customers withdraw money via App, Faster Payments transfer, or by debit card at ATM.
Customer first approach, but I do hope it's OK for them tosuggest this?

https://twitter.com/annamoneyuk/status/1276472004632289280?s=21 https://twitter.com/annamoneyuk/status/1276472004632289280
. @imaginecurve cards are suspended. Carry a spare card is the advice.
Latest from @PockitUK confirms money is safeguarded in Barclays by Wirecard, although no news yet on whether customers are having issues accessing their money
https://twitter.com/pockituk/status/1276450098088681472?s=21 https://twitter.com/pockituk/status/1276450098088681472
https://twitter.com/pockituk/status/1276450098088681472?s=21 https://twitter.com/pockituk/status/1276450098088681472
Latest from @RevolutApp provides some peace of mind for customers, saying their cards are all working as usual and all top-ups have been moved away from Wirecard. They made it sound so easy...
https://twitter.com/revolutapp/status/1276492627240800257?s=21 https://twitter.com/revolutapp/status/1276492627240800257

https://twitter.com/revolutapp/status/1276492627240800257?s=21 https://twitter.com/revolutapp/status/1276492627240800257