Articles with tag like: Wirecard

Found 257 results in 2 seconds.

In the light of the Wirecard scandal, Germany to replace BaFin's chief

News | Digital Identity, Security & Online Fraud | 01 Feb 2021

Amid criticism over the BaFin’s, Germany's financial regulator, handling of the Wirecard fraud scandal, the head of Germany's financial regulator will leave his post.

BaFin, Wirecard, fraud, scandal, financial regulator, Germany, payments

Post-pandemic: focus on evolving fraud and cyber strategies – learning from the Wirecard scandal

Voice of the Industry | Digital Identity, Security & Online Fraud | 14 Jan 2021

Neira Jones, EPA: 'When I wrote my last post for The Paypers, the world was a very different place. The pandemic has upturned the way we live and the way we do business, and its effects will be lasting, not least the extraordinary surge in adoption of digital services'

Neira Jones, EPA, consumer behaviour, pandemic, COVID-19, Wirecard, deflection, governance, fraud, risk management

BaFin warned by Commerzbank about Wirecard in early 2020, FT reports

News | Payments General | 13 Jan 2021

Commerzbank has warned Germany’s financial watchdog, BaFin, about money laundering risks at Wirecard in early 2020, according to Financial Times.

Wirecard, BaFin, Commerzbank, anti-money laundering, AML, accounting fraud, payments, cross-border payments, banking, PSPs, fintech

Banco Santander to acquire Wirecard's assets

News | Payments General | 18 Nov 2020

Banco Santander has announced that it will be acquiring specialised technological assets from the merchant payments business of Wirecard in Europe.

Banco Santander, Wirecard, Europe, GetNet, open payments, merger, banking, financial services

ESMA finds deficiencies in BaFin supervision of Wirecard's financial reporting

News | Digital Identity, Security & Online Fraud | 04 Nov 2020

The European Securities and Markets Authority (ESMA), the EU’s securities markets regulator, has published the results of its Fast Track Peer Review which involved Wirecard and BaFin.

ESMA, BaFin, Wirecard, supervision, EU, securities markets regulator, Fast Track Peer Review, FREP, GLEFI, financial reporting

Paynetics UK to acquire assets of Wirecard UK & Ireland

News | Online Payments | 12 Oct 2020

Paynetics UK, a fintech payment service provider and part of the Paynetics Group, has announced that it has acquired some of the assets of Wirecard UK & Ireland.

Paynetics UK, Wirecard, acquisition, card issuing, payment technology

Deutsche Boerse publishes consultation on expanding DAX to 40 companies

News | Payments General | 05 Oct 2020

Deutsche Boerse has proposed that the number of companies included in Germany's blue-chip DAX. GDAXI index should rise to 40 from 30.

DAX. GDAXI, Deutsche Boerse, Wirecard, investment, financial markets, Germany

Wirecard to cease payment services in Singapore, MAS directive

News | Online Payments | 02 Oct 2020

The Monetary Authority of Singapore (MAS) has directed Wirecard entities to cease their payment services in Singapore, according to straitstimes.com.

MAS, Wirecard, payment services, Singapore, payment services, Monetary Authority of Singapore, customer funds, Germany, digital payments, bankruptcy, bank accounts, Phillipines, APAC, Asia Pacific, Pasir Panjang, Wirecard SG, merchants, e-payments, Nets, PayNow, SGQR, pre-paid cards, credit cards, card payments

SIBS to acquire Romania payments company Romcard

News | Online Payments | 29 Sep 2020

Portugal-based payments company SIBS has acquired card payment processing company Romcard / Supercard (ex- Wirecard Romania). 

Romcard/ Supercard, Wirecard, Romania, SIBS, Portugal, mergers and acquisitions, Automatic Payment Terminal, online payments, Moldova, Serbia, Hungary, Kosovo, Montenegro, Macedonia, Lithuania, card payment processor

Adyen works with former Wirecard clients during online shopping boom

News | Online Payments | 21 Aug 2020

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

Railsbank to buy UK-based Wirecard Card Solutions

News | Payments General | 21 Aug 2020

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

News | Digital Identity, Security & Online Fraud | 23 Jul 2020

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

BSP to work with German regulators

News | Payments General | 09 Jul 2020

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

News | Cards | 03 Jul 2020

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

News | Cryptocurrencies | 02 Jul 2020

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

News | Online Payments | 30 Jun 2020

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

News | Online Payments | 29 Jun 2020

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

News | Payments General | 26 Jun 2020

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

News | Digital Identity, Security & Online Fraud | 26 Jun 2020

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

News | Online Payments | 25 Jun 2020

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