Fintech
Directors at EML’s Irish subsidiary to resign
PFS Card Services has been undergoing a remediation programme after concerns were raised by the Central Bank
Directors at EML Payment’s Irish subsidiary PFS Card Services, which is at the centre of a Central Bank of Ireland investigation over anti-money laundering deficiencies, are to resign from the company.
The directors are to remain on the subsidiary’s board for a transition period, the company said in an update to investors.
The moves comes a few weeks after EML, a Brisbane-based fintech, recorded a tax impairment of AUS$258.9 million (€153.7 million) due to its ...
