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They're currently dependent on Wirecard for the underlying processing until they get their full banking license. At which point they can ditch that dependency - that's expected to be in ~May this year.

Edit: My mistake, its GPS doing the processing -- who are currently experiencing issues.

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Wirecard are the issuing bank but not the card processor.

the processor is the dubai based GPS https://twitter.com/GPS_Processor

So it is the Wirecard infra failing then? And it depends if they can ditch that dependency; they will have to work with GPS or whoever themselves then. That is quite a lot of work. There are companies providing an intermediary to lessen that burden. Ideally you would want to cut it out indeed.

I believe it is specifically GPS, however I believe they are also doing that directly for their current account launch - they're putting a lot of emphasis on doing everything in-house

> I believe they are also doing that directly for their current account launch

They are, I just updated my top-level comment - they confirm that in the blog post the CTO linked in another comment here: https://monzo.com/blog/2017/03/05/outage/

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