Wirecard

Singapore Businesses Struggle To Get Paid Following Wirecard Shutdown

Singapore Businesses Struggle To Get Paid Following Wirecard Shutdown
Singapore Businesses Struggle To Get Paid Following Wirecard Shutdown
October 12, 2020  |  International

Singapore businesses are struggling to get paid following the shutdown of German payment processing firm Wirecard, according to a Monday (Oct. 12) report in the Financial...

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Paynetics Agrees To Acquire Some Wirecard UK, Ireland Assets
Paynetics Agrees To Acquire Some Wirecard UK, Ireland Assets
October 11, 2020  |  B2B Payments

Bulgaria’s Paynetics said it has agreed to acquire “some of” the England and Ireland assets of disgraced Wirecard, according to an announcement on its website....

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Germany Regulator Resets In Wake Of Wirecard Debacle
Germany Regulator Resets In Wake Of Wirecard Debacle
October 07, 2020  |  Security & Fraud

Germany’s financial watchdog BaFin would be equipped with a stronger bite under a plan just rolled out by Germany’s coalition government. Get the Full Story...

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Ernst & Young Faces Backlash Over Whistleblower Report On Wirecard
Ernst & Young Faces Backlash Over Whistleblower Report On Wirecard
September 30, 2020  |  Security & Fraud

One day after an Ernst & Young (EY) whistleblower’s warning about potential fraud at Wirecard was made public, the global accounting firm is facing backlash,...

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Singapore Banking Regulator Shuts Wirecard
Singapore Banking Regulator Shuts Wirecard
September 30, 2020  |  Security & Fraud

Singapore’s financial regulatory authority announced Wednesday (Sept. 30) it has directed Wirecard AG to end its payment services in the Southeast Asian country and return...

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German Bank Raided Over $117M Wirecard Loan
German Bank Raided Over $117M Wirecard Loan
September 29, 2020  |  Loans

A team of police and investigators raided the headquarters of KfW, a German state-owned development bank, over a 100 million euro ($117 million) loan it...

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Report: EY Whistleblower Called Out Wirecard For Fraud Years Before It Went Bankrupt
Report: EY Whistleblower Called Out Wirecard For Fraud Years Before It Went Bankrupt
September 29, 2020  |  Security & Fraud

An EY whistleblower has alleged the global accounting firm was warned as far back as 2016 that senior managers at Wirecard may have committed fraud...

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Ernst & Young CEO Expresses Regret Over Wirecard
Ernst & Young CEO Expresses Regret Over Wirecard
September 15, 2020  |  Security & Fraud

EY’s global chairman and CEO has expressed regret over the accounting firm’s failure to uncover fraud sooner at Wirecard AG, the bankrupt German payment company....

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US FinTech Change Financial To Buy Wirecard Australia, New Zealand For $5.7M
US FinTech Change Financial To Buy Wirecard Australia, New Zealand For $5.7M
September 14, 2020  |  Partnerships / Acquisitions

Change is ahead for Change Financial. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

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