The Wirecard scandal surrounding the German payment processor missing $2.1 billion has spilled over the border to Belgium. 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...
According to auditor Ernst & Young (EY), German payment processor Wirecard knowingly gave false statements and was in the midst of “elaborate and sophisticated fraud involving multiple parties around the world” in regards to $2.1 billion on its books that may not exist. Get the...
People love to predict traditional money’s imminent demise. Countless think pieces have been written about how cash is on its last legs, but somehow it keeps sticking around. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Singapore-based early stage tech investment firm East Ventures has targeted a new fund intending on benefiting businesses hurting from the coronavirus pandemic, Bloomberg reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Ivalua, which works in spend management, has rolled out a new suite of solutions for businesses to organize and handle payments, a press release says. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
B2B payments hub Qolo has introduced a new all-in-one payment solution, aiming to address issues with speed, security and costs for B2B payments, a press release says. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
MoneyGram will partner with Digital Financial Services in order to help facilitate cross-border transfers involving digital wallets in the United Arab Emirates, according to a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Gilded, which specializes in simplifying B2B payments and accounting through automation, is rolling out a suite of tools for Coinbase users to send invoices and accept payments in bitcoin, Ethereum or the USDC Stablecoin. Get the Full Story Complete the form to unlock this article...
Albertson’s, the second-largest grocery chain in the United States, has priced its initial public offering (IPO) at a downsized $800 million, after numerous attempts of owner Cerberus Capital Management to cash out, Reuters said. Get the Full Story Complete the form to unlock this article...
