PFS reshuffles board to calm AML concerns; parent company EML expects six-figure increase in insurance cost to deal with lawsuits - AML Intelligence
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PFS reshuffles board to calm AML concerns; parent company EML expects six-figure increase in insurance cost to deal with lawsuits

By Dan Byrne for AMLi

The Irish subsidiary of EML payments has announced a reshuffle of its board of directors to calm AML concerns.

Prepaid Financial Services (PFS) – the European arm of the Brisbane-based digital payments company EML Payments, announced that it has spent €500,000 on this reshuffle.

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