Audit news and trends

SVB and Signature Bank Passed KPMG Audits Days Before Collapses 
Digital-First Banking // March 14, 2023

When it comes to banking, compliance is king. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you...

Auditors Say Binance Has Proper Bitcoin Reserves
Cryptocurrency // December 07, 2022

Auditors working for crypto giant Binance say the company holds enough bitcoin as collateral. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By...

Unlocking Data To Usher Corporate Finance Into An Unsiloed Future
B2B Payments // March 23, 2021

Unlocking the “single source of truth” for corporate finance leaders is a hot-button topic that is driving FinTech innovation (as well as venture capital interest) toward a more modern back office. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Pacific National Under Audit For Possible Double Payments
B2B Payments // March 23, 2021

Rail haulage group Pacific National won’t be using its early payments provider C2FO in favor of a specialist audit program by June, according to a Monday (March 22) article in the Financial Review. Get the Full Story Complete the form to unlock this article and...

Interviews & Exclusives
Where The Tax Man Will Knock Louder Post-Wayfair — And Sooner

November 07, 2019
The tax man looms across state and international borders, searching for digitally derived dollars due — scanning sites, platforms and even pop-up stores. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. […]

Quick Reads
Revolut Board Concerned About ‘Misstated’ Revenues

March 30, 2023
Revolut’s response to an audit of its books has reportedly drawn criticism from its board. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to receive […]

Auditors Say Binance Has Proper Bitcoin Reserves

December 07, 2022
Auditors working for crypto giant Binance say the company holds enough bitcoin as collateral. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Wirecard Auditor Flagged KPMG Report, Saying It Needed ‘Context’

July 19, 2020
Wirecard AG’s accounting firm said an independent report failed to account for half of the German payment company’s  revenue and all its operating profit, the Financial Times (FT) reported.  Get...

Audit: Wirecard Payments, Issuing Businesses Have Been Bleeding Cash For Years

July 05, 2020
As details about the failed management of Wirecard AG unfold, it becomes clear that the company’s core business has been losing cash for years, the Financial Times reported. Get the...