Wirecard

SoftBank Faces Scrutiny For $1B Investment In Wirecard
SoftBank Faces Scrutiny For $1B Investment In Wirecard
June 24, 2020  |  Security & Fraud

As the Wirecard scandal unfolds, SoftBank Group Corp. is facing questions about its investment in the embattled German payment services provider, CNBC reported. Last year, the Tokyo-based global...

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Wirecard Catches A $2B Break From Lenders On Loan Repayment
Wirecard Catches A $2B Break From Lenders On Loan Repayment
June 24, 2020  |  Loans

After a week of bad news, the embattled Wirecard AG caught a break from lenders that provided 1.75 billion euros ($2 billion) in credit to the German payment...

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German Finance Minister Calls For Regulatory Reform Amid Wirecard Scandal
German Finance Minister Calls For Regulatory Reform Amid Wirecard Scandal
June 23, 2020  |  Regulation

Hours after Wirecard AG’s former CEO was arrested, German Finance Minister Olaf Scholz said lawmakers must tighten regulations because the payment services company has embarrassed...

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Today In Payments: Wirecard’s Former CEO Markus Braun Arrested; Airbnb CEO Sees Potential For 2020 IPO
Today In Payments: Wirecard’s Former CEO Markus Braun Arrested; Airbnb CEO Sees Potential For 2020...
June 23, 2020  |  News

In today’s top news, former Wirecard CEO Markus Braun was arrested Monday night over the firm’s recent accounting fraud scandal, and Airbnb’s CEO is again...

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Wirecard’s Former CEO Markus Braun Arrested
Wirecard’s Former CEO Markus Braun Arrested
June 23, 2020  |  Security & Fraud

Ex-Wirecard CEO Markus Braun was arrested Monday night (June 22) in the latest chapter that has rocked the German payment services provider, the Financial Times...

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Wirecard’s End Appears To Begin In China
Wirecard’s End Appears To Begin In China
June 22, 2020  |  Security & Fraud

For Wirecard, does the end start in China? It’s well known by now that roughly $2 billion is unaccounted for in a story that continues to...

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Today In Payments: Wirecard Says $2.1B Likely Didn’t Exist; Checkout.com Raises $150M On $5B Valuation
Today In Payments: Wirecard Says $2.1B Likely Didn’t Exist; Checkout.com Raises $150M On $5B Valuation
June 22, 2020  |  News

In today’s top news, Wirecard says the missing $2.1 billion from its Philippines accounts probably never existed, and checkout.com raised $150 million. Plus, U.S. consumers...

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Checks, Spreadsheets Expose Firms To Growing Fraud Risk
Checks, Spreadsheets Expose Firms To Growing Fraud Risk
June 22, 2020  |  B2B Payments

Corporate fraud continues to plague businesses large and small, and in this week’s B2B fraud tracker, many of the latest cases of nefarious activity within...

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Wirecard Says $2.1B Likely Didn’t Exist
Wirecard Says $2.1B Likely Didn’t Exist
June 22, 2020  |  News

Wirecard AG, the Munich, Germany payment processor, acknowledged Monday it’s likely the missing 1.9 billion euros ($2.1 billion) from its accounts in the Philippines never...

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