Wirecard

Mastercard, Visa Said To Rethink Wirecard Deals Amid Accounting Scandal

Mastercard, Visa Said To Rethink Wirecard Deals Amid Accounting Scandal
Mastercard, Visa Said To Rethink Wirecard Deals Amid Accounting Scandal
June 26, 2020  |  Cybersecurity

Mastercard and Visa are considering ending their agreements with Wirecard to process payments on their networks as the German financial technology company’s accounting scandal unravels,...

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European Union To Investigate German Regulator Over Wirecard
European Union To Investigate German Regulator Over Wirecard
June 26, 2020  |  Cybersecurity

The Wirecard scandal surrounding the German payment processor missing $2.1 billion has spilled over the border to Belgium. Get the Full Story Complete the form...

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EY Says Wirecard Gave False Statements During 2019 Audit
EY Says Wirecard Gave False Statements During 2019 Audit
June 26, 2020  |  Cybersecurity

According to auditor Ernst & Young (EY), German payment processor Wirecard knowingly gave false statements and was in the midst of “elaborate and sophisticated fraud...

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Today In Payments: Wirecard Files For Insolvency; New York To Ease Cryptocurrency Regulations
Today In Payments: Wirecard Files For Insolvency; New York To Ease Cryptocurrency Regulations
June 25, 2020  |  News

In today’s top news, Wirecard files for insolvency, and New York proposes easing regulations for cryptocurrency licenses. Plus, California seeks a court order to make...

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Orange Bank May Replace German Payments Provider Wirecard
Orange Bank May Replace German Payments Provider Wirecard
June 25, 2020  |  Banking

As the fallout from Wirecard’s missing cash scandal unfolds, an Orange executive said the Paris-based lender and telecommunications company’s banking unit may end its partnership...

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Wirecard Files For Insolvency, Seeks Court Protection
Wirecard Files For Insolvency, Seeks Court Protection
June 25, 2020  |  News

Wirecard, the embattled Germany payment services company, said Thursday (June 25) it was filing for insolvency. Get the Full Story Complete the form to unlock...

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Grab Puts Brakes On Payments Agreement With Wirecard
Grab Puts Brakes On Payments Agreement With Wirecard
June 24, 2020  |  Payment Methods

After auditors for Wirecard couldn’t confirm the existence of $2.1 billion in trust accounts and Wirecard’s former chief executive was arrested, Southeast Asia’s Grab has reportedly halted...

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Philippines Opens Probe Into Wirecard’s Missing Cash
Philippines Opens Probe Into Wirecard’s Missing Cash
June 24, 2020  |  Cybersecurity

The Philippines has launched an investigation into the missing $2.1 billion that Wirecard said it deposited in two of the island nation’s banks, Reuters reported....

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