Wirecard

Today In Payments: Big Tech CEOs Face Congress; Venmo Pilots Business Payments For Micro SMBs

Today In Payments: Big Tech CEOs Face Congress; Venmo Pilots Business Payments For Micro SMBs
Today In Payments: Big Tech CEOs Face Congress; Venmo Pilots Business Payments For Micro SMBs
July 02, 2020  |  News

In today’s top news, the CEOs of the four biggest tech companies will testify before Congress over antitrust issues, and Venmo introduced business payments for...

READ MORE >
Wirecard Saga Reignites Debate Over Auditors’ Role In Combatting Fraud
Wirecard Saga Reignites Debate Over Auditors’ Role In Combatting Fraud
July 02, 2020  |  B2B Payments

As the fallout from Wirecard‘s $2 billion accounting scandal continues, some attention has turned to the Germany-based payment company’s auditor, Ernst & Young (EY). Get...

READ MORE >
SoftBank Wants Out Of Wirecard Partnership After Last Year’s $1B Investment
SoftBank Wants Out Of Wirecard Partnership After Last Year’s $1B Investment
July 01, 2020  |  Cybersecurity

SoftBank is looking to put distance between itself and Wirecard due to the German payments company’s ongoing scandal involving missing money and cooked books, The...

READ MORE >
BaFin Head Says Regulator Had Limited Ability To Regulate Wirecard
BaFin Head Says Regulator Had Limited Ability To Regulate Wirecard
July 01, 2020  |  Cybersecurity

The president of Germany’s financial watchdog agency defended its actions in the Wirecard AG case where $1.2 billion in deposits went missing. Get the Full...

READ MORE >
Today In Payments: Senate Approves Five-Week Extension For PPP; Document: Wirecard Depended Upon Few Clients
Today In Payments: Senate Approves Five-Week Extension For PPP; Document: Wirecard Depended Upon Few Clients
July 01, 2020  |  News

In today’s top news, the Senate extended the PPP application deadline by five weeks, and an internal document reveals a small client base brought in...

READ MORE >
Police Raid Wirecard’s Offices In Two Countries
Police Raid Wirecard’s Offices In Two Countries
July 01, 2020  |  Cybersecurity

A team of investigators raided Wirecard AG’s offices in two countries as part of the probe into the 1.9 billion euros ($2.1 billion) that went...

READ MORE >
Internal Doc: Half Of Wirecard’s Sales Came From Just 100 Clients
Internal Doc: Half Of Wirecard’s Sales Came From Just 100 Clients
June 30, 2020  |  Cybersecurity

A summary of Wirecard’s customers in 2017 suggests that just 100 clients represented over 50 percent of its real sales, the Financial Times reported, citing an internal spreadsheet....

READ MORE >
Former Wirecard Execs Face Criminal Charges In Austria
Former Wirecard Execs Face Criminal Charges In Austria
June 30, 2020  |  Cybersecurity

The Wirecard AG accounting scandal has extended its reach to Austria. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

READ MORE >