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

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

. @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

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