Sections
Wirecard
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2.4KB2B PaymentsWirecard Expands KMPG Audit To Clear Fraud Allegations
Wirecard is having auditing giant KPMG expand the scope of its review of Wirecard financials as the company continues to defend against...
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4.2KPartnerships / AcquisitionsWirecard To Buy China’s AllScore To Expand Cross-Border Licenses
Wirecard announced that it is set to gradually acquire all shares in Bejing-based AllScore Payment Services so it can expand into cross-border...
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2.6KSecurity & FraudNews Of KPMG Audit Triggers Spike In Wirecard Shares
Shares in digital payment company Wirecard went up almost 7 percent on Monday (Oct. 21), following news of an independent audit by...
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2.7KSecurity & FraudWirecard Denies Fraud Claims, Defends Accounting Practices
Wirecard’s chairman Wulf Matthias does not believe that his company needs an independent forensic audit, despite the fact that the company has...
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1.7KNewsTop News In Payments: China Allows PayPal To Operate; Mastercard Outlines Blockchain Intentions
In today’s payments news, China has allowed PayPal to operate in the country with its purchase of a majority stake in GoPay....
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3.5KSecurity & FraudAuthorities Demand Accounting Details From Germany’s Wirecard
After trying to discredit a report about its dodgy accounting practices, Germany-based Wirecard is facing demands from analysts for comprehensive information about...
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3.0KB2B PaymentsWirecard Again Facing Accounting Fraud Allegations
Germany-based Wirecard is once again facing allegations of accounting fraud by the Financial Times (FT). The FT reported this week that its...
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3.0KPartnerships / AcquisitionsUnionPay, Wirecard Team Up For Global Expansion
Wirecard and UnionPay have partnered up and signed a memorandum of understanding (MoU) to expand globally, according to a release. The agreement...
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5.9KPayments InnovationHow Airbnb, Lime, Turo, Fiverr And Newegg Are Using Instant Payments
Whether it’s a merchant or their customer, an employer or their employee — every party involved in a transaction wants to be...
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4.5KDigital PaymentsWhy Payments Diversity Matters As Firms Go Global
On a global stage, one size does not fit all when it comes to payments. In an interview with PYMNTS, Deirdre Ives, CEO...
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7.5KEcosystemsWhat Will It Take To Electrify (And Digitize) Utility Payments?
Electricity moves pretty quickly, to put it mildly. Water can travel at some robust speeds, depending on gradient, pumps and other factors....
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4.3KDigital PaymentsNew Wirecard App Offers Full Gamut Of Financial Services
Payment company Wirecard is introducing a new service called boon Planet, a mobile payment app, the company said in a release. With...
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4.0KSecurity & FraudAllied Wallet Settles With FTC Over Fraud Charges
Allied Wallet, an online payment provider and a client of Wirecard, settled with the Federal Trade Commission (FTC) last month over charges...
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5.7KPayments Innovation12 Payments Execs On How To Make Instant Pay
Instant gratification isn’t instant enough for modern consumers. Gig, public utility and eCommerce companies are all focusing on payment innovations to remain...
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3.4KSecurity & FraudWirecard Partners With India To Create Digital Taxpayer ID Cards
Wirecard, the global digital financial technology company, announced on Wednesday (May 22) that it has partnered with India’s government-owned UTI Infrastructure Technology...
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4.6KDisbursementsThe Cashless Check Is In The Mail
It might be too much (and certainly too cliché) to call it a revolution. Even so, it’s in the same neighborhood —...
- 3.1KPartnerships / Acquisitions
Wirecard Mulls Buy-Back Of Shares In SoftBank Deal
Wirecard is thinking about buying back shares in the wake of a partnership with Japan’s SoftBank Group, according to Reuters. Softbank said...
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3.4KInvestmentsWhat’s Behind SoftBank’s Tech Investment Moves?
It’s usually folly to predict what will interest historians in the future. But there’s a good case that when it comes to...
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3.1KPersonnelChairman Of Wirecard To Step Down After Term Ends
A German news outlet has reported that Wirecard’s chairman, Wulf Matthias, will stand down after his current term with the company ends,...
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4.1KBusinessWirecard Defends Auditing Practices
Wirecard has denied claims levied by the Financial Times that its subsidiaries were not audited, according to a report by Reuters. The...
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3.9KPartnerships / AcquisitionsWirecard Expands Partnership With RBL Bank
Wirecard, the digital financial technology company announced on Wednesday (April 24) that it has expanded a partnership with RBL Bank to promote...
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7.5KInvestmentsSoftBank Invests $1B Into Wirecard
Wirecard, the German financial company, and Japan’s SoftBank Group announced Wednesday (April 24) a deal in which SoftBank will invest about EUR...
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2.6KInvestmentsSoftBank Mulls Stake In Wirecard
SoftBank is considering investing in German financial company Wirecard, according to Bloomberg. The Japanese company could get as much as a 5 percent...
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4.0KLegalMarket Regulator In Germany Files Complaint Alleging Wirecard Short Sale
A German markets regulator has filed a complaint with prosecutors alleging that shares of Wirecard were manipulated by someone who potentially had...
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4.3KPartnerships / AcquisitionsWirecard, O2 Czech Republic Expand Partnership To Go After Slovakia
Wirecard, the digital financial technology company, announced Tuesday (April 16) it is expanding its partnership with O2 Czech Republic, the largest telecommunications...
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3.9KLegalWirecard Files Suit Against FT Following Investigative News Reports
German financial and payments company Wirecard has filed a lawsuit against the Financial Times for a series of articles the news organization...
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12.8KSecurity & FraudWirecard Shares Jump 30 Pct Post-Investigation
Shares in Wirecard, which were down on allegations of misconduct involving its Singapore office, have rebounded on positive news from an investigation...
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12.7KInnovationWirecard On The True Path To B2B Payments Innovation
It’s one thing to want to improve or innovate. That’s the easy part, the stuff of daydreams, scribbles, memos, charts and PowerPoint...
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6.8KSecurity & FraudWirecard Stocks Slump Over India Report Fears, Analysts Say Sell
German payments company Wirecard’s shares dropped after an Indian business became a key issue in the company’s continuing problems, following a series...
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5.2KB2B PaymentsReport: One In Seven UK SMBs Hit By Invoice Fraud
In the UK, invoice scams are still gaining traction, and significantly so among smaller firms, according to Barclays. Elsewhere, in North America,...
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6.2KSecurity & FraudWirecard: Internal Investigation Clears Accounting Manager
Wirecard, a German payments company, said an internal investigation has cleared its Asia-Pacific accounting manager who was accused of faking transactions to...
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5.6KSecurity & FraudWirecard Sues ‘Financial Times’ For Defamation
German payments company Wirecard saw its shares drop 10 percent on Friday (Feb. 8) following a raid by Singapore police on its...
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4.8KSecurity & FraudWirecard Denies New Fraud Allegations Amid Decline In Shares
Wirecard, the German-based payments company, saw its stock tank again Thursday (Feb. 7) after the Financial Times ran a new report alleging...
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3.6KGlobal PaymentsTHE LIST Teams With BitBay Pay; Monese Rolls Out Apple Pay Support
Welcome to The Axis, your late look at payments news from around the world. Coverage includes U.A.E.-based THE LIST bringing crypto payments...
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9.4KSecurity & FraudWirecard Said Investigation Found No Wrongdoing
Wirecard disclosed Monday (February 4) that based on an investigation by an external law firm it has found no evidence of criminal wrongdoing...
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4.8KSecurity & FraudWirecard Shares Plummet After New Round Of Allegations
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...
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4.5KB2B PaymentsPatisserie Valerie Saga Finds Fake Invoices
Ongoing investigations into the £40 million (nearly $52.4 million USD) fraud that felled Patisserie Valerie have found that fake invoices were involved....
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5.8KSecurity & FraudBaFin Investigates Possible Mkt Manipulation Related To Wirecard Share Drop
The German financial regulator has opened a preliminary investigation into possible market manipulation after a report on alleged misconduct at Wirecard led to...
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3.4KGlobal PaymentsWirecard Teams With BASF Digital Farming; BPP Unveils Digital Wallet In Brazil
Welcome to The Axis, your late look at payments news from around the world. Coverage includes Germany-based Wirecard’s collaboration with BASF Digital...
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6.3KSecurity & FraudWirecard’s CEO Wealth Declines Amid Fraud Allegations
Wirecard Chief Executive Officer Markus Braun saw his fortune take a hit as shares of his company declined due to a report...
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3.3KGlobal PaymentsWirecard Teams With Cimple For Alipay, FamilyMart Plans Mobile Payment Service
Welcome to The Axis, your late look at payments news from around the world. Coverage includes Wirecard’s collaboration with Cimple Marketing for...
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3.3KB2B PaymentsWirecard, Spendit Expand Employee Card Reach Across Europe
Payments company Wirecard is broadening its existing partnership with Spendit to launch employee spend and benefits solutions across Europe, beginning with the...
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3.5KGlobal PaymentsWirecard Teams Up With Cognigy For Chatbot Payments, YES BANK Rolls Out Cashless System
Welcome to The Axis, your look at payments news from around the world. Coverage includes Germany’s Wirecard works with Cognigy on digital payments...
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4.3KB2B PaymentsACI Worldwide Powers Fleet Tax Payments
Electronic payments company ACI Worldwide is integrating its technologies with SPAN Enterprises, a tax filing technology provider, to power tax payments for...
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7.4KeCommerceFor eCommerce, The Magic Button (Almost) In Sight
For eCommerce, the Magic Button (Almost) In Sight In eCommerce, what’s the panacea – the cure-all for all transactional ills? Or, in this...
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8.4KWearablesWirecard, Mastercard Expand Existing Partnership For Contactless Payments
Wirecard and Mastercard announced plans to expand their existing partnership to promote digital, contactless payments via wearables. As of today (July 17),...
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4.6KB2B PaymentsVisa Leads Wirecard Into Digital Fleet Card Industry
Visa and Wirecard are collaborating on a digital fleet card program, the companies revealed in an announcement on Thursday (June 21). Wirecard...
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5.9KB2B PaymentsWirecard’s Blockchain Approach To Supply Chain Payments
Payments firm Wirecard is expanding its presence in the B2B payments market, and is deploying blockchain technology in the process. An announcement...
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8.5KGig EconomyInstant Payments As The Rule, Not Exception For Gig Workers
Fast work, so … instant payments? On the heels of an announcement from FinTech firm Wirecard and gig economy startup Moonrise that...
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5.5KRetailTo See Retail’s Future, Go Back To The Basics
The retail revolution will be digitized. But how to get to the revolution in the first place when you might already be...
