German payments company Wirecard saw its shares drop 10 percent on Friday (Feb. 8) following a raid by Singapore police on its offices there, according to a report from CNBC. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Wirecard, the German-based payments company, saw its stock tank again Thursday (Feb. 7) after the Financial Times ran a new report alleging more fraud at the company. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Hackers employed by the Chinese government were able to get into the network of Visma, a Norwegian software company, to steal client secrets. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
The team behind Zcash, a cryptocurrency that touts enhanced privacy for its users, revealed that it fixed a bug that could have been used to counterfeit unlimited coins, according to reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Metro Bank, a British financial institution launched in 2010, said it was targeted by cybercriminals in a scheme where a vulnerability in text messaging between the bank and customers was used as an attack, according to a report by Reuters. Get the Full Story Complete...
Wirecard disclosed Monday (February 4) that based on an investigation by an external law firm it has found no evidence of criminal wrongdoing by any employees. Wirecard tapped Rajah & Tann, the law firm, to handle the inquiry. Get the Full Story Complete the form to...
SWIFT global payments network has agreed to help Bangladesh Bank rebuild its infrastructure after hackers stole $81 million in 2016. 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...
After being implicated in one of the largest money laundering scandals ever, Estonia is struggling to realize its dream of becoming a digital society, according to Reuters. The country’s top banking regulator has cautioned that Estonia is vulnerable to unclean money and potential sanction breaches, stemming from...
Wirecard’s shares fell 28 percent on Friday (Feb. 1) after a report in the Financial Times alleged that a law firm hired by the payments company found evidence of “serious offenses of forgery and/or of falsification of accounts” at Wirecard’s Singapore office. Get the Full Story Complete...
