Articles with tag: wirecard

Found 161 results in 187 milliseconds.

Wirecard Communication Services acquired by IDnow

01 Sep 2020 | Digital Identity, Security & Online Fraud

IDnow and Wirecard Communication Services have announced the signing of an agreement for the acquisition of Wirecard Communication Services by IDnow. 

IDnow, acquisition, Wirecard Communication Services, identification, ID, identity services

Wirecard Card Solutions announces plans for company's future, with Railsbank key part of the plan

28 Aug 2020 | Cards

Wirecard Card Solutions has announced its plans for reaching a solvent wind-down of the business.

Wirecard Card Solutions, Railsbank, open banking, cards, acquisition, payments, Wirecard scandal, UK

Adyen works with former Wirecard clients during online shopping boom

21 Aug 2020 | Online Payments

Adyen has started working with new merchants, former clients of the Germany-based payments company Wirecard, reporting a 27% rise in revenue for the first half of 2020.

Adyen, merchants, Germany, payments company, Wirecard

Deutsche Boerse removes Wirecard from DAX index

21 Aug 2020 | Payments General

Deutsche Boerse has announced that Delivery Hero will replace insolvent Wirecard on Germany's blue-chip DAX index, after an accounting scandal that toppled the fintech company.

Germany, Wirecard scandal, accounting fraud, fintech, payments, index, DAX, Deutsche Boerse, Delivery Hero

Railsbank to buy UK-based Wirecard Card Solutions

21 Aug 2020 | Payments General

Wirecard has found a buyer for its UK division Wirecard Card Solutions in competitor Railsbank, according to Sifted.

Wirecard, Railsbank, acquisition, card solutions

Former Wirecard CEO rearrested as prosecutors suspect USD 3.7 bln fraud

23 Jul 2020 | Digital Identity, Security & Online Fraud

Markus Braun, former chief executive officer of Wirecard, has been rearrested in Munich, prosecutors said on July 22, 2020.

accounting fraud, commercial fraud, Wirecard, Wirecard scandal, Germany, fraud prevention

The Wirecard scandal - how digitalisation can be marshalled to tackle money launderers

23 Jul 2020 | Digital Identity, Security & Online Fraud

In the future, banks that are not as internationally networked in money laundering prevention as the perpetrators will remain easy to outsmart

HAWK:AI, AML, CFT, FIU, financial crime, money laundering, Tobias Schweiger, AI, machine learning, digitalisation, fraud prevention, Wirecard scandal, FATF, Bafin, Germany, Wirecard Bank

BSP to work with German regulators

09 Jul 2020 | Payments General

The Bangko Sentral ng Pilipinas (BSP) has announced working with the German government to bring the issue of the missing USD 2.1 billion Wirecard money to rest.

BSP, Germany, The Bangko Sentral ng Pilipinas, BSP, Wirecard, BDO Unibank, Bank of the Philippines Islands, BPI, AMLC, National Bureau of Investigation

Curve overhauls its refunding system due to the Wirecard scandal

03 Jul 2020 | Cards

All-your-cards-in-one fintech Curve has announced updates regarding its refunding system amid the Wirecard scandal.

Curve, Wirecard, cards, Curve Cash Card, cashback, retailers, cardholders, virtual card

Crypto.com and TenX Visa cards get reactivated

02 Jul 2020 | Cryptocurrencies

Crypto.com and TenX’s Visa debit cards, issued by Wirecard Card Solutions (WCS), have been reactivated.

Crypto.com, TenX, FCA, crypto, Visa debit cards, spending cryptocurrency, FCA, Wirecard, WCS, UK

FCA lifts ban on Wirecard's UK payments business

30 Jun 2020 | Online Payments

The UK's Financial Conduct Authority has lifted restrictions on German payments company Wirecard, allowing it to resume payment activities.

FCA, Financial Conduct Authority, Wirecard, Germany, United Kingdom, online payments, payments fraud, Europe

FCA orders Wirecard to suspend activity in UK

29 Jun 2020 | Online Payments

The UK Financial Conduct Authority has ordered Wirecard to suspend operations in the UK and warned it not to dispose of any funds, following the companies' insolvency filing in Germany.

FCA, Financial Conduct Authority, Wirecard, Wirecard scandal, Germany, Europe, payments company, financial authority, European Commission, payments company, European Securities and Markets Authority

Brussels to investigate German regulator over Wirecard

26 Jun 2020 | Payments General

Brussels has announced it will call for a probe into whether Germany-based banking regulator BaFin failed in its supervision of Wirecard.

Brussels, Germany, Wirecard, BaFin, investor trust, Europe, EU, Valdis Dombrovskis, breach of union law, European Securities and Markets Authority, shares

Wirecard files for insolvency after ex-CEO was arrested in EUR 1.9 bln scandal

26 Jun 2020 | Digital Identity, Security & Online Fraud

Wirecard has filed for insolvency, just days after a EUR 1.9 billion accounting scandal at the company was unveiled, thus leading to the arrest of its former chief executive.

Wirecard, insolvency, accounting scandal, Markus Braun, shares, fraud, fake transactions

Grab puts partnership with troubled Wirecard on hold in Singapore

25 Jun 2020 | Online Payments

Southeast Asian payments company Grab has announced it put a partnership with scandal-hit Wirecard on hold.

Grab, Wirecard, partnership, Singapore, Southeast Asia, merchants, ecommerce, online payments, e-wallet, payments

Europe-based fintechs to launch a new cross-border organisation

25 Jun 2020 | Payments General

A group of Europe-based fintechs have joined forces to launch a new non-profit organisation, the European Fintech Association (EFA)

Europe, fintech, cross-border, EFA, European Fintech Association, non-profit, EU, financial services, Raisin, savings marketplace, SaaS provider, Finleap, alternative lender, Funding Circle, wealth management, Moneyfarm, digital bank, N26, money transfer, TransferWise, European Commission, digital finance strategy, Mintos, Scalable Capital, TrueLayer, Wirecard

After EUR 1.9 bln implosion, Wirecard's former CEO is arrested for financial fraud

24 Jun 2020 | Payments General

Markus Braun, the former chief executive of the Munich-based fintech company Wirecard, has been arrested by the German police for fraud.

Wirecard, financial fraud, auditors, KPMG, E&Y, Germany, Jan Marsalek, Financial Times, Markus Braun, SoftBank

Wildberries collaborates with Wirecard to expand in the European market

17 Jun 2020 | Online Payments

Innovation company for digital financial technology Wirecard has revealed a cooperation with a international online retailer, Wildberries

Wildberries, expansion, Europe, Wirecard, digital financial technology, acquirer, payment service provider, PSP, retail, pick-up points, Poland, Slovakia, e-wallets, cards, payments, safety, personal data

Wirecard, Payhawk team up to launch a Visa corporate card

16 Jun 2020 | Cards

Wirecard has revealed it is collaborating with Bulgaria-based fintech Payhawk to launch a new Visa corporate card to provide companies with a solution to manage corporate expenses. 

Wirecard, Payhawk, launch, Visa, cards, expenses, accounting, digital financial technology, Bulgaria, fintech, collaboration, management, startup, card infrastructure, e-money, fraud, risk management, issuing processing, card management

Wirecard, Stocard team up for mobile payment features and contactless payment adoption

11 Jun 2020 | Mobile Payments

Wirecard has revealed it is collaborating with Stocard, a mobile wallet and a B2C European fintech, to launch a new mobile payment feature in the Stocard app. 

Wirecard, Stocard, collaboration, launch, mobile payments, contactless payments, digital financial technology, UK, mobile wallet, B2C, cards, partnership, payment methods, bank cards, Europe