The troubles afflicting Wirecard AG are not limited to the German payment processing company. Some European lenders say they expect to recover as little as 20 percent of the nearly $2 billion they are owed, sources told The Wall Street Journal. Get the Full Story Complete...
The country’s largest banks by assets have set aside nearly $30 billion to cover losses associated with COVID-19, a tally of recently disclosed plans indicates. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Cryptocurrency exchange Bitfinex must answer allegations by the state of New York that the Hong Kong-based company hid more than $800 million in losses of client and corporate funds, the New York Court of Appeals ruled Thursday (July 9), according to Bloomberg. Get the Full...
As a result of the COVID-19 health crisis, Starbucks anticipates a loss of for its fiscal third quarter as it forecasts a loss in revenue of up to $3.2 billion, CNBC reported. Get the Full Story Complete the form to unlock this article and enjoy...
October 24, 2025
Authorized push payment (APP) fraud drove an increase in losses to payment fraud and scams in the first half of the year in the United Kingdom. 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 […]
July 17, 2020
The troubles afflicting Wirecard AG are not limited to the German payment processing company. Some European lenders say they expect to recover as little as 20 percent of the nearly $2...
July 14, 2020
The country’s largest banks by assets have set aside nearly $30 billion to cover losses associated with COVID-19, a tally of recently disclosed plans indicates. Get the Full Story Complete...
July 09, 2020
Cryptocurrency exchange Bitfinex must answer allegations by the state of New York that the Hong Kong-based company hid more than $800 million in losses of client and corporate funds, the...
