Ex-Wirecard CEO Markus Braun was arrested Monday night (June 22) in the latest chapter that has rocked the German payment services provider, the Financial Times reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
The Federal Trade Commission (FTC) is sending out over $8.7 million in refunds to 187,425 customers who were reportedly signed up for non-consensual payment plans with San Diego’s Triangle Media Corporation, according to a press release. Get the Full Story Complete the form to unlock...
For Wirecard, does the end start in China? 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 our daily newsletter, PYMNTS Today. By completing this form, you...
New Zealand police have frozen $90 million they say belongs to alleged bitcoin scammer Alexander Vinnik in what’s being called the country’s largest money seizure ever. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
The Philippines central bank cast doubt on Wirecard AG’s assertion that the Munich, Germany payment processor deposited 1.9 billion euros ($2.1 billion) into two banks in the island nation. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Cash, they say, is king. And when cash disappears from the bank (and thus from corporate coffers) — under mysterious circumstances with a convoluted backstory — investors panic. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
The founder and CEO of Wirecard AG resigned Friday (June 19) one day after auditors revealed 1.9 billion euros ($2.1 billion) were missing from the German payment processor’s accounts, The Wall Street Journal reported. Get the Full Story Complete the form to unlock this article...
Wirecard has postponed publication of its 2019 annual report after disclosing that its auditor can’t confirm the existence $2.1 billion in trust accounts — or about a quarter of the value on the company’s books. Get the Full Story Complete the form to unlock this...
Cyberattacks against the financial industry have jumped by 238 percent in just the first five months of the year, VMware, Inc. Head of Cybersecurity Strategy Tom Kellermann said, testifying before a U.S. House of Representatives subcommittee on Tuesday (June 16). Get the Full Story Complete...
