Wirecard

German Central Bank Seeks Tighter Change Post-Wirecard ‘Scandal’
German Central Bank Seeks Tighter Change Post-Wirecard ‘Scandal’
July 27, 2020  |  Security & Fraud

For the second time in four days, a high-ranking German regulator has called for major changes in response to the Wirecard scandal. In the latest...

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German Finance Ministry Toughens Rules In The Wake Of Wirecard
German Finance Ministry Toughens Rules In The Wake Of Wirecard
July 24, 2020  |  Security & Fraud

Germany has taken action to update its rules in the wake of the Wirecard AG scandal as complaints mount that regulators failed to police the...

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Philippine Wirecard Inquiry Targets Two Bank Employees
Philippine Wirecard Inquiry Targets Two Bank Employees
July 23, 2020  |  Security & Fraud

The Philippines’ Anti-Money Laundering Council said investigators are focusing on two rogue bank employees in the Wirecard AG scandal. The government watchdog discovered the workers...

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Today In Payments: Mastercard Introduces Sustainable Credit Card; Wirecard Seeks Forensic Investigation Into Collapse
Today In Payments: Mastercard Introduces Sustainable Credit Card; Wirecard Seeks Forensic Investigation Into Collapse
July 22, 2020  |  News

In today’s top news, Mastercard is promoting sustainable credit cards, and Wirecard seeks a forensic investigation into its recently discovered accounting scandal. Plus, Salesforce expanded...

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Three Former Top Wirecard Execs Arrested In Alleged Fraud Scheme
Three Former Top Wirecard Execs Arrested In Alleged Fraud Scheme
July 22, 2020  |  Security & Fraud

Three former top executives of Wirecard AG were arrested Wednesday (July 22) as prosecutors allege they were part of a criminal enterprise to steal billions...

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Wirecard Seeks Forensic Investigation Into Its Collapse
Wirecard Seeks Forensic Investigation Into Its Collapse
July 21, 2020  |  Security & Fraud

Wirecard AG, the German payments company fighting for survival, has hired a forensic team to investigate the accounting scandal that led to its insolvency, sources...

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Today In Payments: eBay Nearing Sale Of Classified Ad Division; Lollapalooza Co-Founder: No Concerts Until 2022
Today In Payments: eBay Nearing Sale Of Classified Ad Division; Lollapalooza Co-Founder: No Concerts Until...
July 20, 2020  |  News

In today’s top news, eBay is near a sale of its classified ad division to Adevinta, and Lollapalooza’s co-founder said live concerts won’t be back...

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Wirecard Auditor Flagged KPMG Report, Saying It Needed ‘Context’
Wirecard Auditor Flagged KPMG Report, Saying It Needed ‘Context’
July 19, 2020  |  Security & Fraud

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...

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Today In Payments: FBI Probes Twitter Hack; Wirecard Exec Admits Role In Company’s Collapse
Today In Payments: FBI Probes Twitter Hack; Wirecard Exec Admits Role In Company’s Collapse
July 17, 2020  |  News

In today’s top news, the FBI is investigating the worst security breach in Twitter’s history, and one of the jailed Wirecard executives admitted guilt to...

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