Wirecard

Wirecard Lenders On The Hook For Millions
Wirecard Lenders On The Hook For Millions
August 06, 2020  |  Security & Fraud

Wirecard AG’s bankruptcy filing is not just having an impact on the once bright German payments company — its insolvency has left a huge gap...

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Wirecard Linked To Mafia Money Laundering
Wirecard Linked To Mafia Money Laundering
August 03, 2020  |  Security & Fraud

Scandal-plagued German FinTech pioneer Wirecard counted among its payments processing clients an online casino that laundered money for an arm of “one of Europe’s most...

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Cloud Technology For FIs, Debit Cards, Potential Credit Card Default Crisis Top This Week’s News
Cloud Technology For FIs, Debit Cards, Potential Credit Card Default Crisis Top This Week’s News
July 31, 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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Germany Asks For Interpol Help To Find Ex-Wirecard COO
Germany Asks For Interpol Help To Find Ex-Wirecard COO
July 30, 2020  |  Security & Fraud

Germany is seeking help from Russia to help locate missing Wirecard executive Jan Marsalek, The Wall Street Journal (WSJ) reported. Russian authorities had no comment,...

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German Finance, Economy Ministers Questioned Over Wirecard Collapse
German Finance, Economy Ministers Questioned Over Wirecard Collapse
July 29, 2020  |  Security & Fraud

German Finance Minister Olaf Scholz and Economy Minister Peter Altmaier faced hours of questioning by Parliament Wednesday (July 29) over allegations they failed to prevent...

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Almost Half Of Wirecard’s Debt Stemmed From SoftBank’s $1B Investment
Almost Half Of Wirecard’s Debt Stemmed From SoftBank’s $1B Investment
July 29, 2020  |  Security & Fraud

SoftBank Group Corp., the Tokyo-based multinational conglomerate that owns stakes in technology and finance companies, invested $1 billion in Wirecard AG last year in a move that quieted questions...

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Today In Payments: Amazon Expands Grocery Delivery In UK; Mastercard To Improve Business Payments In China
Today In Payments: Amazon Expands Grocery Delivery In UK; Mastercard To Improve Business Payments In...
July 28, 2020  |  News

In today’s top news, Amazon will expand its Amazon Fresh delivery service in the U.K., and Mastercard and the Bank of Shanghai have expanded cross-border...

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Visa, Mastercard Fined Wirecard Millions
Visa, Mastercard Fined Wirecard Millions
July 27, 2020  |  Security & Fraud

Long before alarm bells sounded at Wirecard AG, the now-insolvent German payments processing company, there were red flags. The Wall Street Journal reported on Monday...

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Wirecard Shares Surge As Investors Offer To Buy Insolvent Payments Company
Wirecard Shares Surge As Investors Offer To Buy Insolvent Payments Company
July 27, 2020  |  Partnerships / Acquisitions

As five dozen suitors with the backing of more than 130 investors have lined up to buy what’s left of Wirecard AG, the German payment...

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