Wirecard

EMEA Daily: Meta Faces Fines in South Africa; CloudPay, Visa Partner on Payroll Payments; UK Crime Agency Eyes Crypto Mixers
EMEA Daily: Meta Faces Fines in South Africa; CloudPay, Visa Partner on Payroll Payments; UK...
March 15, 2022  |  International

In today’s top Europe, Middle East and Africa news, South Africa’s competition regulator is seeking to prosecute Facebook for abusing its dominance in the social...

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German Court OKs Ernst & Young Class Action Case
German Court OKs Ernst & Young Class Action Case
March 15, 2022  |  Legal

A German court has opened class-action style legal proceedings against accounting firm Ernest & Young LLP (EY) to hear cases from investors in defunct payment...

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EMEA Daily: Brand Aggregator Flummox Raises $12.9M; Wirecard Ex-Boss Markus Braun Charged With Fraud
EMEA Daily: Brand Aggregator Flummox Raises $12.9M; Wirecard Ex-Boss Markus Braun Charged With Fraud
March 14, 2022  |  International

In today’s top Europe, Middle East and Africa news, brand aggregator Flummox raised $12.9 million (€11.8 million), while former Wirecard CEO Markus Braun has been...

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Wirecard Ex-Boss Markus Braun Charged with Fraud by German Prosecutors
Wirecard Ex-Boss Markus Braun Charged with Fraud by German Prosecutors
March 14, 2022  |  Security & Fraud

In custody since July 2020, the former CEO of Wirecard Markus Braun was by formally charged by Munich public prosecutors with fraud, breach of trust...

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Wirecard Staff Reportedly Took Large Sums Of Cash From HQ
Wirecard Staff Reportedly Took Large Sums Of Cash From HQ
April 22, 2021  |  Security & Fraud

Wirecard staffers reportedly took millions of euros in funds from the firm’s German base in plastic bags during a timeframe that spanned years, the Financial...

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German Prosecutors To Investigate BaFin Over Wirecard Scandal
German Prosecutors To Investigate BaFin Over Wirecard Scandal
April 12, 2021  |  Regulation

Prosecutors in Frankfurt are opening a criminal investigation into the way Germany’s financial regulatory authority BaFin supervised Wirecard AG, and whether a portion of the...

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Finch Capital Reaches Deal To Buy Wirecard Turkey
Finch Capital Reaches Deal To Buy Wirecard Turkey
March 30, 2021  |  Partnerships / Acquisitions

Finch Capital, through Nomu Pay, has come to a deal to purchase Wirecard Ödeme Ve Elektronik Para Hizmetleri (Wirecard Turkey). The deal is anticipated to...

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Ex-Wirecard Executive Says Company’s Alleged Fraud Began Over 10 Years Ago
Ex-Wirecard Executive Says Company’s Alleged Fraud Began Over 10 Years Ago
March 23, 2021  |  Security & Fraud

An ex-Wirecard executive informed prosecutors that the firm’s alleged fraud began over 10 years prior to its implosion, with some high-level managers starting to create...

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Germany Plans To Strengthen BaFin’s Leadership Team
Germany Plans To Strengthen BaFin’s Leadership Team
February 02, 2021  |  Regulation

Germany is looking to beef up the leadership of its Federal Financial Supervisory Authority (BaFin) and plans to hire top experts to oversee regulations, Bloomberg...

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