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UK fintech firms forced to suspend services after Wirecard collapse

FILE PHOTO: The headquarters of Wirecard AG is seen in Aschheim near Munich
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LONDON/NEW YORK (Reuters) - Customers of several British digital finance companies were unable to make payments or access their money on Friday after the collapse of German payments firm Wirecard caused disruption across borders.Wirecard's implosion on Thursday, owing creditors almost $4 billion (£3.2 billion), led Britain's Financial Conduct Authority to impose restrictions on the company's UK..
Date Published: Jun 26, 2020
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