Wirecard

BaFin Downplayed Wirecard Complaints, Report Says
BaFin Downplayed Wirecard Complaints, Report Says
July 16, 2020  |  Security & Fraud

German market watchdog Federal Financial Supervisory Authority, or BaFin, has come under fire for its actions in the Wirecard scandal, as the regulator reportedly failed...

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Germany’s BaFin Deepens Investigation Into Potential Wirecard Insider Trading
Germany’s BaFin Deepens Investigation Into Potential Wirecard Insider Trading
July 15, 2020  |  Security & Fraud

BaFin is broadening its probe regarding potential insider Wirecard stock trading to encompass all those who served on the supervisory and management boards of the payment firm...

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London Judge Dismisses Fraud Case Against Wirecard
London Judge Dismisses Fraud Case Against Wirecard
July 15, 2020  |  Legal

After weeks of relentless headlines on the collapse of Wirecard, the High Court of Justice in London handed the German payments company a victory on...

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EU To Examine German Regulators’ Oversight Of Wirecard
EU To Examine German Regulators’ Oversight Of Wirecard
July 15, 2020  |  Regulation

The European Securities and Markets Authority (ESMA), the European Union’s (EU) financial watchdog, plans to examine how German regulators handled oversight of Wirecard AG, the collapsed...

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Report: Some Wirecard ‘Partnerships’ May Be A Hoax
Report: Some Wirecard ‘Partnerships’ May Be A Hoax
July 15, 2020  |  Security & Fraud

Wirecard AG, the insolvent German payment processing company facing criminal accusations, may have misled the financial community about its partnerships with blue-chip companies. While Wirecard...

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Today In Payments: OCC Says Banks Can’t Hide Under Cover Of COVID; Smartphone Demand Slips 16 Pct In China
Today In Payments: OCC Says Banks Can’t Hide Under Cover Of COVID; Smartphone Demand Slips...
July 13, 2020  |  News

In today’s top news, the OCC says bank regulation waivers will not continue indefinitely, and smartphone sales have dropped 16 percent in China. Plus, 80...

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Wirecard Probe Pushes German Government To Release Talks With CEO
Wirecard Probe Pushes German Government To Release Talks With CEO
July 12, 2020  |  Security & Fraud

Lawmakers are urging German Chancellor Angela Merkel to release transcripts of conversations between Deputy Finance Minister Jörg Kukies and former Wirecard CEO Markus Braun, as...

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Supply Chain Tech, ATOs, Stimulus Checks Top This Week’s News
Supply Chain Tech, ATOs, Stimulus Checks Top This Week’s News
July 10, 2020  |  The Weekender

It’s the end of the work week, and the PYMNTS Weekender is here to make sure you didn’t miss anything with the latest in payments...

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Today In Payments: Marqeta Preps For IPO, Had $4.3B Valuation In May; Punjab National Bank Faces Third Major Fraud
Today In Payments: Marqeta Preps For IPO, Had $4.3B Valuation In May; Punjab National Bank...
July 10, 2020  |  News

In today’s top news, Marqeta prepares for an IPO, and Punjab National Bank was defrauded $491 million by one of its customers. Also, WhatsApp Business...

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