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,...
The Wirecard scandal surrounding the German payment processor missing $2.1 billion has spilled over the border to Belgium. Brussels is seeking an investigation into the...
According to auditor Ernst & Young (EY), German payment processor Wirecard knowingly gave false statements and was in the midst of “elaborate and sophisticated fraud...
In today’s top news, Wirecard files for insolvency, and New York proposes easing regulations for cryptocurrency licenses. Plus, California seeks a court order to make...
As the fallout from Wirecard’s missing cash scandal unfolds, an Orange executive said the Paris-based lender and telecommunications company’s banking unit may end its partnership...
Wirecard, the embattled Germany payment services company, said Thursday (June 25) it was filing for insolvency. The decision comes less than a week after auditors...
After auditors for Wirecard couldn’t confirm the existence of $2.1 billion in trust accounts and Wirecard’s former chief executive was arrested, Southeast Asia’s Grab has reportedly halted...
The Philippines has launched an investigation into the missing $2.1 billion that Wirecard said it deposited in two of the island nation’s banks, Reuters reported....