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...
As the fallout from Wirecard’s troubles unfold, Germany’s deputy finance minister has called for radical solutions to fix how accounting firms are regulated, the Financial...
Ernst & Young (EY), the global accounting firm hired to verify Wirecard’s financials, failed to request crucial information from a Singapore bank where the German...
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,...
With more organizations embracing FinTech in the back office, businesses are increasingly aware of the importance of data integration between various portals. FinTech solution providers...
For Wirecard, does the end start in China? It’s well known by now that roughly $2 billion is unaccounted for in a story that continues to...
Cash, they say, is king. And when cash disappears from the bank (and thus from corporate coffers) — under mysterious circumstances with a convoluted backstory...
The founder and CEO of Wirecard AG resigned Friday (June 19) one day after auditors revealed 1.9 billion euros ($2.1 billion) were missing from the...
Wirecard has postponed publication of its 2019 annual report after disclosing that its auditor can’t confirm the existence $2.1 billion in trust accounts — or...