Wirecard

Supply Chain Tech, ATOs, Stimulus Checks Top This Week’s News
Supply Chain Tech, ATOs, Stimulus Checks Top This Week’s News
July 10, 2020  |  The Weekender

It’s the end of the work week, and the PYMNTS Weekender is here to make sure you didn’t miss anything with the latest in payments...

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Today In Payments: Marqeta Preps For IPO, Had $4.3B Valuation In May; Punjab National Bank Faces Third Major Fraud
Today In Payments: Marqeta Preps For IPO, Had $4.3B Valuation In May; Punjab National Bank...
July 10, 2020  |  News

In today’s top news, Marqeta prepares for an IPO, and Punjab National Bank was defrauded $491 million by one of its customers. Also, WhatsApp Business...

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UK Tightens Rules On Payments Firms In Wake Of Wirecard Debacle
UK Tightens Rules On Payments Firms In Wake Of Wirecard Debacle
July 09, 2020  |  Regulation

The United Kingdom’s financial regulator has toughened rules on payment companies less than two weeks after Wirecard AG’s collapse locked millions of customers out of...

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Today In Payments: Alibaba’s Ant Group Plans Hong Kong IPO; DOJ Looks Into Possible Wirecard Role In Fraud
Today In Payments: Alibaba’s Ant Group Plans Hong Kong IPO; DOJ Looks Into Possible Wirecard...
July 09, 2020  |  News

In today’s top news, Alibaba’s Ant Group plans to go public, and the U.S. Department of Justice is investigating Wirecard’s possible role in a purported...

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Irish Police Raid Wirecard’s Dublin Offices 
Irish Police Raid Wirecard’s Dublin Offices 
July 09, 2020  |  News

The investigation into Wirecard AG, the German electronic payment transfer company, has expanded to Ireland. The Irish Times reported the company’s Dublin offices were raided...

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Wirecard Administrator Sees Strong Interest From Potential Buyers
Wirecard Administrator Sees Strong Interest From Potential Buyers
July 07, 2020  |  Security & Fraud

The court-appointed administrator guiding Wirecard AG’s insolvency said dozens of investors have emerged to buy what’s left of the Munich-based payments company, Reuters reported. “The...

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Today In Payments: Atlanta Fed Warns Outbreaks Could Stall Recovery; Big Tech CEOs To Testify In Antitrust Probe
Today In Payments: Atlanta Fed Warns Outbreaks Could Stall Recovery; Big Tech CEOs To Testify...
July 07, 2020  |  News

In today’s top news, a Federal Reserve official warns the surge in coronavirus cases could dampen economic recovery, and the CEOs of the four biggest...

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Wirecard Exec Who Ran Unit At Heart Of Scandal In Custody In Munich
Wirecard Exec Who Ran Unit At Heart Of Scandal In Custody In Munich
July 06, 2020  |  Security & Fraud

Wirecard executive Oliver Bellenhaus, 46, has been arrested in Munich for his alleged central role in the massive worldwide fraud case currently enveloping the company,...

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Today In Payments: Uber To Buy Postmates; Amazon Plans To Expand Grocery Stores Across US
Today In Payments: Uber To Buy Postmates; Amazon Plans To Expand Grocery Stores Across US
July 06, 2020  |  News

In today’s top news, Uber has agreed to buy Postmates for $2.6 billion in stock, and Amazon is planning to expand its Amazon Go grocery...

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