Wirecard

Today In Payments: Wirecard North America Business Entity Up For Sale; Uber Eyes Postmates Buy

Today In Payments: Wirecard North America Business Entity Up For Sale; Uber Eyes Postmates Buy
Today In Payments: Wirecard North America Business Entity Up For Sale; Uber Eyes Postmates Buy
June 30, 2020  |  News

In today’s top news, Wirecard’s separate North America company is up for sale, and Uber is eyeing a Postmates acquisition. Plus, Stripe launched a customer...

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BIS: Wirecard Debacle Could Trigger Revamp Of Payment Regs
BIS: Wirecard Debacle Could Trigger Revamp Of Payment Regs
June 30, 2020  |  Cybersecurity

The stunning demise of Germany’s Wirecard AG could lead to a revamp of some of the rules governing the international payments sector, which has seen...

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Wirecard Reopens UK Banking As Regulators Remove Restrictions
Wirecard Reopens UK Banking As Regulators Remove Restrictions
June 30, 2020  |  Cybersecurity

Wirecard AG got the green light Tuesday (June 30) to resume its banking operations in the United Kingdom (UK), as financial regulators lifted restrictions that...

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Source: German Regulators Failed To Take Action On Wirecard Red Flags
Source: German Regulators Failed To Take Action On Wirecard Red Flags
June 29, 2020  |  Bank Regulation

Numerous regulators had discussions over the years about tightening supervision on Wirecard or adding it to a list of potential subjects for more investigations, but...

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UK Digital Banking Apps Affected By Wirecard Subsidiary Freeze
UK Digital Banking Apps Affected By Wirecard Subsidiary Freeze
June 29, 2020  |  Cybersecurity

After the U.K.’s Financial Conduct Authority (FCA) mandated that Wirecard’s British Wirecard Card Solutions unit stop conducting regulated work, a number of consumers in the...

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Singapore’s Central Bank Helping Police Investigate Wirecard
Singapore’s Central Bank Helping Police Investigate Wirecard
June 29, 2020  |  Cybersecurity

The Monetary Authority of Singapore (MAS) is collaborating with police to investigate Wirecard AG, the embattled German payment processing firm, Reuters reported. Get the Full...

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Today In Payments: Wirecard Forces German Accounting Regs Reboot; Consumers Sour On Travel Rewards Cards
Today In Payments: Wirecard Forces German Accounting Regs Reboot; Consumers Sour On Travel Rewards Cards
June 29, 2020  |  News

In today’s top news, Germany’s deputy finance minister wants to restructure accounting firm regulations, and consumers are turning away from travel rewards cards. Plus, the...

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UK Financial Watchdog Says Wirecard Cooperative But Assets To Stay Frozen 
UK Financial Watchdog Says Wirecard Cooperative But Assets To Stay Frozen 
June 29, 2020  |  Cybersecurity

The United Kingdom’s regulatory authority said Wirecard AG was correcting issues raised by the $2.1 billion accounting scandal, but restrictions on the collapsed German payments...

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