Ey news and trends

Coinbase Widens Access to Crypto B2B Payments
B2B Payments // October 03, 2024

Cryptocurrency exchange Coinbase is expanding the ways businesses can pay. PayPal paid invoices to EY using the PayPal USD (PYUSD) stablecoin deposited into EY’s Coinbase Prime account, according to a Thursday (Oct. 3) news release. Coinbase Prime is a brokerage platform that facilitates trades, custody...

German Prosecutors Charge 2 Former Wirecard Executives With Embezzlement
Security & Fraud // August 06, 2024

Four years after the collapse of online payments company Wirecard, German prosecutors have reportedly charged two more of the firm’s former executives. Wirecard’s former finance chief, Alexander von Knoop, and its former board member for product development, Susanne Steidl, have been charged with several counts...

German Agency Criticizes EY’s Audits of Wirecard
Security & Fraud // April 19, 2024

A German regulator has reportedly concluded that EY’s audit work and quality control regarding the now-defunct payments firm Wirecard was marked by “grave” and “repeated” violations of professional duties. The regulator, Apas, said this in a review that was published Friday (April 19) and ended a multiyear...

California Forges Ahead With AI Rules as Federal Regulations Lag Behind
artificial intelligence // March 15, 2024

California’s recent vote to regulate artificial intelligence (AI) and personal data use by businesses underscores growing concern over the risks posed by these technologies in the absence of clear federal laws. “Congress and the administration do not operate in a vacuum,” John Hallmark, U.S. political...

Interviews & Exclusives
Blockchain Tracker: Blockchain’s Impact On The Supply Chain Industry

April 21, 2017
As the supply chain industry is one of the oldest businesses, it can sometimes be viewed as stodgy. While the industry has been around for well over a century, the term “supply chain management” wasn’t coined until the 1980s. CIO defines supply chain management as “the combination of art and science that goes into improving […]

Quick Reads
Coinbase Widens Access to Crypto B2B Payments

October 03, 2024
Cryptocurrency exchange Coinbase is expanding the ways businesses can pay. PayPal paid invoices to EY using the PayPal USD (PYUSD) stablecoin deposited into EY’s Coinbase Prime account, according to a Thursday (Oct. 3) news release. Coinbase Prime is a brokerage platform that facilitates trades, custody and prime services, according to the platform’s website. “An increasing […]

German Prosecutors Charge 2 Former Wirecard Executives With Embezzlement

August 06, 2024
Four years after the collapse of online payments company Wirecard, German prosecutors have reportedly charged two more of the firm’s former executives. Wirecard’s former finance chief, Alexander von Knoop, and...

German Agency Criticizes EY’s Audits of Wirecard

April 19, 2024
A German regulator has reportedly concluded that EY’s audit work and quality control regarding the now-defunct payments firm Wirecard was marked by “grave” and “repeated” violations of professional duties. The regulator, Apas,...

Wirecard’s Insolvency Manager Files Lawsuit Against EY in Germany

December 29, 2023
Wirecard’s insolvency manager, Michael Jaffé, filed a lawsuit in a court in Stuttgart against accountancy firm EY. The lawsuit claims 1.5 billion euros (about $1.66 billion) in damages over EY’s...