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After Brexit and Wirecard, An Post switches issuer for currency card

After Brexit and Wirecard, An Post switches issuer for currency card
Image: © kite rin/Stock.adobe.com
The impacts of Brexit and the collapse of Wirecard caused many headaches for fintech services in recent months.
An Post recently switched issuer for its An Post Money Currency Card, several months after the Wirecard debacle disrupted its services and as Brexit loomed.
Like many payment and card services, An Post’s prepaid Money Currency Card had been using a UK-based issuer, in this case Wirecard Card Solutions (WCS).
Last June, WCS was temporarily suspended by the Financial Conduct Authority (FCA) in the UK amid the storm surrounding its parent company Wirecard – the German fintech giant that was embroiled in a €1.9bn accounting fraud scandal. ....

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