German Finance Minister Olaf Scholz and Economy Minister Peter Altmaier faced hours of questioning by Parliament Wednesday (July 29) over allegations they failed to prevent the Wirecard AG accounting scandal. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
SoftBank Group Corp., the Tokyo-based multinational conglomerate that owns stakes in technology and finance companies, invested $1 billion in Wirecard AG last year in a move that quieted questions about the German payment processing firm. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
When one stops to consider how fast merchants pivoted to offer their consumers digitally-enriched shopping journeys and how many things customers can do now that they couldn’t as recently as January, it’s pretty staggering. Get the Full Story Complete the form to unlock this article...
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Long before alarm bells sounded at Wirecard AG, the now-insolvent German payments processing company, there were red flags. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to...
Hackers boasting that they have “cracked” some of the hashed passwords stolen from digital banking aggregator Dave may be one of the most disturbing elements to emerge from the cyberheist that exposed the private information of millions of users, a top expert notes. Get the...
Consumers want a speedy, Amazon-like experience when creating accounts with their banks, but keeping fraudsters from slipping in among genuine users can be a challenge. In the FI Fraud Decisioning Playbook, John Kelly, chief administrative officer at Pentagon Federal Credit Union, discusses why financial institutions...
For the second time in four days, a high-ranking German regulator has called for major changes in response to the Wirecard scandal. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Instacart, the U.S. and Canadian online grocery delivery service, blamed reused passwords for the recent account hacks that led to the theft of its customers’ personal data that landed on the dark web. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
