Wirecard

Wirecard To Slash Hundreds of Jobs
Wirecard To Slash Hundreds of Jobs
August 25, 2020  |  Personnel

Until now, the Wirecard AG scandal that crippled the German payment company has had little impact on its 1,500 employees worldwide – but that’s about...

READ MORE >
Today In Payments: DoorDash Moves Ahead With IPO Plans; JPMC Plans UK Digital Lender Launch In 2021
Today In Payments: DoorDash Moves Ahead With IPO Plans; JPMC Plans UK Digital Lender Launch...
August 24, 2020  |  News

In today’s top news, DoorDash plans to go public by the end of the year, and JPMorgan Chase reportedly plans to launch a digital bank...

READ MORE >
Wirecard Makes Deals To Sell Its Brazil, UK Operations
Wirecard Makes Deals To Sell Its Brazil, UK Operations
August 21, 2020  |  International

As Wirecard AG’s global operations close following its bankruptcy filing, the German payment company has agreed to sell what’s left, the Financial Times reported. Michael...

READ MORE >
Delivery Hero To Replace Wirecard On Germany’s DAX Index
Delivery Hero To Replace Wirecard On Germany’s DAX Index
August 19, 2020  |  International

Germany’s blue-chip DAX index will be replacing Wirecard, the disgraced payments company, with a new listing for Berlin’s Delivery Hero, the Financial Times (FT) reported....

READ MORE >
Former Wirecard Exec Reported Dead
Former Wirecard Exec Reported Dead
August 13, 2020  |  Personnel

The Philippines government has confirmed that Christopher Bauer, a former executive of the bankrupt German payments company Wirecard AG, has died, Reuters reported.   Justice Secretary...

READ MORE >
German Prosecutors Seek Public’s Help To Find Ex-Wirecard Exec
German Prosecutors Seek Public’s Help To Find Ex-Wirecard Exec
August 13, 2020  |  Security & Fraud

German investigators have issued an all-points bulletin seeking the public’s help in finding former Wirecard AG executive Jan Marsalek, The Wall Street Journal reported. The...

READ MORE >
Wirecard Kicked Off Germany’s Blue-Chip Index
Wirecard Kicked Off Germany’s Blue-Chip Index
August 12, 2020  |  Regulation

Exchange operator Deutsche Boerse will be removing Wirecard from the DAX index of leading German blue-chip stocks following a rule change, signaling another blow for...

READ MORE >
Singapore Charges Citadelle Corporate Services Owner In Wirecard Collapse
Singapore Charges Citadelle Corporate Services Owner In Wirecard Collapse
August 09, 2020  |  Security & Fraud

A Singapore businessman faces charges of falsifying documents that showed more than 100 million euros ($118 million) in three accounts held on behalf of Wirecard...

READ MORE >
Report: Wirecard Execs May Have Hidden $1B Before Collapse
Report: Wirecard Execs May Have Hidden $1B Before Collapse
August 07, 2020  |  Security & Fraud

In anticipation of its collapse in June, Wirecard AG executives may have raided the German payment company and deposited $1 billion in partner companies while...

READ MORE >