In today’s top news, Peter Hazlehurst, head of Uber Money, has resigned, and Brussels will investigate Germany’s financial regulatory authority over failing to supervise Wirecard....
Ernst & Young (EY), the global accounting firm hired to verify Wirecard’s financials, failed to request crucial information from a Singapore bank where the German...
Mastercard and Visa are considering ending their agreements with Wirecard to process payments on their networks as the German financial technology company’s accounting scandal unravels,...
According to auditor Ernst & Young (EY), German payment processor Wirecard knowingly gave false statements and was in the midst of “elaborate and sophisticated fraud...
Wirecard, the embattled Germany payment services company, said Thursday (June 25) it was filing for insolvency. The decision comes less than a week after auditors...
For Wirecard, does the end start in China? It’s well known by now that roughly $2 billion is unaccounted for in a story that continues to...
Wirecard AG, the Munich, Germany payment processor, acknowledged Monday it’s likely the missing 1.9 billion euros ($2.1 billion) from its accounts in the Philippines never...
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...
Cash, they say, is king. And when cash disappears from the bank (and thus from corporate coffers) — under mysterious circumstances with a convoluted backstory...