Wirecard

Singapore Businesses Struggle To Get Paid Following Wirecard Shutdown
Singapore Businesses Struggle To Get Paid Following Wirecard Shutdown
October 12, 2020  |  International

Singapore businesses are struggling to get paid following the shutdown of German payment processing firm Wirecard, according to a Monday (Oct. 12) report in the Financial...

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Paynetics Agrees To Acquire Some Wirecard UK, Ireland Assets
Paynetics Agrees To Acquire Some Wirecard UK, Ireland Assets
October 11, 2020  |  B2B Payments

Bulgaria’s Paynetics said it has agreed to acquire “some of” the England and Ireland assets of disgraced Wirecard, according to an announcement on its website....

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Germany Regulator Resets In Wake Of Wirecard Debacle
Germany Regulator Resets In Wake Of Wirecard Debacle
October 07, 2020  |  Security & Fraud

Germany’s financial watchdog BaFin would be equipped with a stronger bite under a plan just rolled out by Germany’s coalition government. Get the Full Story...

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Ernst & Young Faces Backlash Over Whistleblower Report On Wirecard
Ernst & Young Faces Backlash Over Whistleblower Report On Wirecard
September 30, 2020  |  Security & Fraud

One day after an Ernst & Young (EY) whistleblower’s warning about potential fraud at Wirecard was made public, the global accounting firm is facing backlash,...

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Singapore Banking Regulator Shuts Wirecard
Singapore Banking Regulator Shuts Wirecard
September 30, 2020  |  Security & Fraud

Singapore’s financial regulatory authority announced Wednesday (Sept. 30) it has directed Wirecard AG to end its payment services in the Southeast Asian country and return...

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German Bank Raided Over $117M Wirecard Loan
German Bank Raided Over $117M Wirecard Loan
September 29, 2020  |  Loans

A team of police and investigators raided the headquarters of KfW, a German state-owned development bank, over a 100 million euro ($117 million) loan it...

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Report: EY Whistleblower Called Out Wirecard For Fraud Years Before It Went Bankrupt
Report: EY Whistleblower Called Out Wirecard For Fraud Years Before It Went Bankrupt
September 29, 2020  |  Security & Fraud

An EY whistleblower has alleged the global accounting firm was warned as far back as 2016 that senior managers at Wirecard may have committed fraud...

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Ernst & Young CEO Expresses Regret Over Wirecard
Ernst & Young CEO Expresses Regret Over Wirecard
September 15, 2020  |  Security & Fraud

EY’s global chairman and CEO has expressed regret over the accounting firm’s failure to uncover fraud sooner at Wirecard AG, the bankrupt German payment company....

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US FinTech Change Financial To Buy Wirecard Australia, New Zealand For $5.7M
US FinTech Change Financial To Buy Wirecard Australia, New Zealand For $5.7M
September 14, 2020  |  Partnerships / Acquisitions

Change is ahead for Change Financial. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

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