Germany

EY Says Wirecard Gave False Statements During 2019 Audit

EY Says Wirecard Gave False Statements During 2019 Audit
EY Says Wirecard Gave False Statements During 2019 Audit
June 26, 2020  |  Cybersecurity

According to auditor Ernst & Young (EY), German payment processor Wirecard knowingly gave false statements and was in the midst of “elaborate and sophisticated fraud...

READ MORE >
German Court Orders Facebook To Stop Data Collection
German Court Orders Facebook To Stop Data Collection
June 23, 2020  |  Facebook / Meta

The German Federal Court has ordered Facebook to comply with an order from the country’s antitrust regulator and stop data collection of users in the...

READ MORE >
German Finance Minister Calls For Regulatory Reform Amid Wirecard Scandal
German Finance Minister Calls For Regulatory Reform Amid Wirecard Scandal
June 23, 2020  |  Legal & Regulation

Hours after Wirecard AG’s former CEO was arrested, German Finance Minister Olaf Scholz said lawmakers must tighten regulations because the payment services company has embarrassed...

READ MORE >
FedEx Eyes Stake In Germany’s Hermes Delivery Service
FedEx Eyes Stake In Germany’s Hermes Delivery Service
May 27, 2020  |  Delivery

With home deliveries surging, FedEx may be looking to acquire stake in German delivery firm Hermes, according to the Handelsblatt newspaper, as reported by Reuters....

READ MORE >
Spike In Virus Outbreaks Threatens Global Reopening Plans
Spike In Virus Outbreaks Threatens Global Reopening Plans
May 11, 2020  |  Economy

Plans across the world to reopen economies and re-enter public life are being thwarted by new flare-ups of the coronavirus. Get the Full Story Complete...

READ MORE >
How Fashion eCommerce Payments Can Be Designed For Cross-Border Appeal
How Fashion eCommerce Payments Can Be Designed For Cross-Border Appeal
April 30, 2020  |  Exclusive Series

When it comes to appeasing cross-border shoppers, a one-size-fits-all approach can fall short. Winning over customers worldwide requires merchants to offer a secure, localized payment...

READ MORE >
France To Allow Small Nonessential Retail To Reopen; Germany, Spain Plan May 4 Reopening
France To Allow Small Nonessential Retail To Reopen; Germany, Spain Plan May 4 Reopening
April 28, 2020  |  Economy

French Prime Minister Edouard Philippe said that nonessential merchants could open again beginning May 11, but they will be able to require that customers wear...

READ MORE >
What Germany’s Soft Reopen Portends For The US Market
What Germany’s Soft Reopen Portends For The US Market
April 23, 2020  |  Economy

What if an economy had a grand(ish) reopening — and almost everyone decided to sit it out?  Such is the question German officials are facing this...

READ MORE >