SG directs Wirecard to cease services, return customer funds

SG directs Wirecard to cease services, return customer funds

The headquarters of Wirecard AG, an independent provider of outsourcing and white label solutions for electronic payment transactions is seen in Aschheim near Munich, Germany April 25, 2019. REUTERS/Michael Dalder

Singapore‘s central bank on Wednesday directed embattled German payments firm Wirecard to cease providing services in the city state and return all customers’  funds.

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