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Wirecard 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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Report: 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,...

Wirecard: Investigation Clears Accounting Mgr

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Wirecard: 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...

Wirecard Plans To Sue FT; Shares Drop After Raid

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Wirecard 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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Wirecard 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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THE 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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Wirecard 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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Wirecard 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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Patisserie 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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BaFin 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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Wirecard 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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Wirecard’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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Wirecard 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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Wirecard, 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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Wirecard 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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ACI 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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eCommerce

For 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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Wearables

Wirecard, 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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Visa 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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Wirecard’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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Gig Economy

Instant 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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Retail

To 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...

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Payments Acceleration Shifts The Risks For Buyers And Suppliers

The buyer-supplier relationship goes beyond regulatory requirements like Know Your Customer. Business-to-business (B2B) trade, especially when deals occur across borders, expose businesses...

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Wirecard To Power B2B Payments On Mercateo

Payments company Wirecard has launched a new partnership with B2B networking platform Mercateo in a deal that will see the firm power...

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POS Innovation

Wirecard Powers Alipay, WeChat Pay In Store Checkout

Wirecard has announced a new partnership with French firm SES-imagotag to make it easy for consumers to use their mobile devices to...

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Wirecard, Banca Afirme Help Corporates Shift From Checks To Cards

Mexico bank Banca Afirme is rolling out a new commercial card solution with the help of Germany-based Wirecard. An announcement Friday (Feb....

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Wirecard Targets Same-Day Payment For Gig Workers

Wirecard wants to accelerate payments to gig workers, and is enlisting gig economy company Moonrise to help. The companies announced Wednesday (Jan....

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Billie Launches SMB Invoice Financing With Wirecard

Berlin-based fintech Billie announced it will now offer small and medium-sized businesses (SMBs) invoice financing, following an agreement with internet technology and...

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Payment Methods

Wirecard Among First To Offer Payment Guarantee For Credit Card Payments

Wirecard, the digital payments solutions company, rolled out a mobile payment guarantee for credit card payments. In a press release announcing the...

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Soldo Launches Spend Management App With Wirecard

Commercial card company Wirecard Card Solutions, a unit of Wirecard, is lending its prepaid corporate spend capabilities to Soldo as the two...

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Partnerships / Acquisitions

Wirecard, AFEX To Launch Corporate Prepaid Card Suite

Payments company Wirecard is teaming up with cross-border payments firm AFEX to launch prepaid card solutions to corporates across Europe, the firms...

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Payment Methods

Wirecard Inks Deal With National Bank of Greece To Integrate AliPay

Wirecard announced Wednesday (April 12) that it is now collaborating with the National Bank of Greece (NBG) and is integrating Alipay into...

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Mobile Payments

German Pharmacy Rossmann Integrates Alipay To Tap Into Chinese Market

Dirk Rossmann GmbH, one of the largest drugstore chains in Germany, will soon accept Alipay at all of its branches. According to...

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Wirecard Acquires Citi Prepaid Card Services

Wirecard, an international group of companies with a focus on payment processing and card issuing, has officially acquired Citi Prepaid Card Services,...

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Mobile Payments

Wirecard Rolls Out boon Mobile Payment Service In France

Wirecard, the digital payment company, announced Tuesday (Jan. 17) it is rolling out its mobile payment solution, boon, in France. In a...

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Partnerships / Acquisitions

Wirecard, VocaLink Team Up On Mobile Banking App

VocaLink announced Thursday (Dec. 15) that Wirecard, the European payment and internet technology company, has joined the payment provider’s backing of the...

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Apple Pay

Orange Cash Now Accepts Apple Pay In France

Wirecard announced Thursday (Nov. 10) that Orange’s mobile wallet app, Orange Cash, now accepts Apple Pay in France. According to a press...

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Partnerships / Acquisitions

Wirecard Extends Virtual Card Into Asia-Pacific

For the first time, Wirecard’s virtual cards will be offered as a way for travel suppliers in the Asia-Pacific region to get...

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Wirecard And Commerzbank Hook Up To Help Online Merchants

The Wirecard Group, a supplier of electronic payment and risk management solutions, announced on Friday (Sept. 23) it has entered into a...

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With Invoice Discounting, Flowing Funds For SMBs And Freelancers

FinTech firm Fundflow and payments firm Wirecard have teamed up to launch invoice discounting for the smallest enterprises (including freelancers). Fundflow MD...

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