investigations

Deutsche Bank Accounting Head Stands Aside Over Wirecard Scandal
Deutsche Bank Accounting Head Stands Aside Over Wirecard Scandal
December 09, 2020  |  Cybersecurity

The head of accounting at Deutsche Bank is temporarily stepping down in the wake of the Wirecard scandal, the Financial Times reports. The move comes...

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German Prosecutors Launch Investigation Into Ernst & Young’s Wirecard Audit
German Prosecutors Launch Investigation Into Ernst & Young’s Wirecard Audit
December 04, 2020  |  Cybersecurity

Munich prosecutors have launched an investigation into the Ernst & Young (EY) audit of Wirecard AG, compounding the firm’s troubles associated with $2.3 billion that...

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Dutch Competition Probe Into Payment Apps Centers On Apple Pay
Dutch Competition Probe Into Payment Apps Centers On Apple Pay
December 04, 2020  |  ANTITRUST

Dutch antitrust regulators have launched an investigation into freedom of choice regarding payment apps and is eyeing Apple Pay’s limitations, Bloomberg reported. The Netherlands Authority...

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Apple’s NFC Practices Draw Scrutiny From Dutch Regulators
Apple’s NFC Practices Draw Scrutiny From Dutch Regulators
December 04, 2020  |  Legal & Regulation

For Big Tech, a reckoning may be near for near-field communications. To that end, Apple is facing more scrutiny centered on its payments ecosystem, and...

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EY Pressured To Testify About Role In Wirecard Scandal
EY Pressured To Testify About Role In Wirecard Scandal
November 25, 2020  |  Legal & Regulation

EY is increasingly finding itself on the hot seat as German lawmakers and investigators dig deeper into the collapse of payments giant Wirecard, whose books...

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German Lawmakers Push For Further Questioning Of Former Wirecard CEO Braun
German Lawmakers Push For Further Questioning Of Former Wirecard CEO Braun
November 20, 2020  |  Cybersecurity

German lawmakers are determined to call back Wirecard AG’s former CEO Markus Braun to give further testimony after he refused to answer their questions during...

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SEC Charges Former Wells Fargo CEO And Bank Head In Fraud Scandal
SEC Charges Former Wells Fargo CEO And Bank Head In Fraud Scandal
November 13, 2020  |  Cybersecurity

The U.S. Securities and Exchange Commission (SEC) on Friday (Nov. 13) civilly charged former Wells Fargo CEO John Stumpf and Carrie Tolstedt, ex-head of Wells...

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Indian Antitrust Regulator Targets Google Over Google Pay Concerns
Indian Antitrust Regulator Targets Google Over Google Pay Concerns
November 09, 2020  |  ANTITRUST

India’s competition watchdog is taking aim at Google for allegedly abusing its market power to push its payments app in one of the world’s fastest-growing...

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Jack Ma Summoned For Questioning About $37B Ant IPO
Jack Ma Summoned For Questioning About $37B Ant IPO
November 02, 2020  |  IPO

The People’s Bank of China (PBOC) and regulators from three Chinese agencies are interviewing Ant Group Founder Jack Ma, Chairman Eric Jing, and CEO Simon...

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