Tag: payments

Wirecard: Financial watchdog lifts restrictions on payments

Image copyright Getty Images The UK’s financial watchdog has lifted restrictions on German payments company Wirecard, allowing it to resume payment activities. The Financial Conduct Authority (FCA) imposed restrictions on the company’s UK arm after its collapse last week. Thousands of people could not access their money or make payments through apps as a result. “Our primary objective all along… Read more →

Ikea planning to repay furlough payments

Image copyright Getty Images Ikea has said it is planning to repay salaries paid by governments around the world under furlough schemes. It is set to repay nine governments, including the US and Ireland. However, it does not include the UK as although the furniture chain furloughed 10,000 UK workers it did not claim back their salaries from the government.… Read more →