Which still doesn’t look too good for Curve, considering these are promotional campaigns that’ll go away once the parent brand (like Samsung) feels like it. They still didn’t find a sustainable business model.
As others have mentioned it’s a separate company ring fenced away from the main company, own board of directors, based in Newcastle, FCA regulated and plenty cash to keep it going
I think the problems is how off guard not only Curve and other financial customers have been in this, and agree that In app notification would have worked wonders, and hindsight is a wonderful thing.
As i said as long as Curve are transparent and do the right things, then we should be patient and let them get things sorted, it aint going to happen overnight though…
Not true - Curve posted 4 days ago saying essentially ‘we’re throwing everything we’ve got at ditching Wirecard (work already in progress) because we predict they are going to break sooner rather than later’.
No one expected the FCA to basically kill wirecard off in the UK today.
Curve have been migrating people other to their in house card processing for months, as with all migrations there is a point where you ramp up the migration.
This is why they became a principal member of Mastecard to avoid paying a 3rd party and being able to manage your own infrastructure…
