EML Payments | Business Post

EML shares plunge after problems identified at second Irish subsidiary

‘Fraudulent activity’ identified at Sentenial, a Kildare-based company acquired by Aussie fintech in a deal worth up to €110m last year

EML shares plunge after Central Bank finds shortcomings at Irish subsidiary

PFS has been under investigation for more than a year over concerns about anti-money laundering compliance

EML boss puts Central Bank inquiry into Prepaid Financial Services behind him

The Australian fintech firm has been on the back foot due to an investigation into its Irish unit

Shares in EML slump after new profit warning

Owner of Prepaid Financial Services (PFS) slashes forecasts as European operating performance ‘significantly behind’ schedule

Profits increase fiftyfold for Perx gift cards

Firm also reports rise in revenue driven by sale of popular gift cards

EML Payments sets aside €7m for Central Bank investigation into Prepaid Financial Services

Sum is a provision to cover costs and potential fines relating to anti-money laundering and counter-terrorism concerns at Irish subsidiary of Australian fintech

Central Bank hired EY to assist with Prepaid Financial Services inquiry

The financial regulator raised concerns over governance, anti-money laundering measures and counter-terrorism issues at the company, which was sold by its Irish founders last year

Prepaid Financial Services’ parent says Central Bank’s concerns may affect European business

Regulator outlined issues to EML Payments regarding PFS’ anti-money laundering and terrorism-financing rules

EML Payments shares plunge after Central Bank raises concerns about Irish subsidiary

Shares in the Australian fintech fell by 45 per cent after the Central Bank of Ireland raised anti-money laundering and counter-terrorism concerns relating to Prepaid Financial Services, its Irish subsidiary

EML Payments halts trade of shares after Central Bank of Ireland raises regulatory concerns

The Fintech halted the trade of its shares on the Australian stock exchange following ‘significant regulatory concerns’ being raised by the Central Bank of Ireland about Prepaid Financial Payments, EML Payment’s Irish subsidiary company