Wirecard

Philippines Central Bank Says Wirecard Deposits Never Made
Philippines Central Bank Says Wirecard Deposits Never Made
June 21, 2020  |  Security & Fraud

The Philippines central bank cast doubt on Wirecard AG’s assertion that the Munich, Germany payment processor deposited 1.9 billion euros ($2.1 billion) into two banks...

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Today In Payments: Proposal Would Allow SMBs To Get Another PPP Loan; Alibaba, JD.com Net $136B In Annual Shopping Event
Today In Payments: Proposal Would Allow SMBs To Get Another PPP Loan; Alibaba, JD.com Net...
June 19, 2020  |  News

In today’s top news, Congress is considering passing another round of PPP loans for certain small and medium-sized businesses (SMBs), and Alibaba and JD.com recorded...

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Wirecard’s Missing Cash Brings Accounting Saga To New (Perhaps Final) Chapter 
Wirecard’s Missing Cash Brings Accounting Saga To New (Perhaps Final) Chapter 
June 19, 2020  |  Security & Fraud

Cash, they say, is king.  And when cash disappears from the bank (and thus from corporate coffers) — under mysterious circumstances with a convoluted backstory...

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Wirecard CEO Out After Auditors Reported $2B Is Missing
Wirecard CEO Out After Auditors Reported $2B Is Missing
June 19, 2020  |  Security & Fraud

The founder and CEO of Wirecard AG resigned Friday (June 19) one day after auditors revealed 1.9 billion euros ($2.1 billion) were missing from the...

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Wirecard Delays Annual Report After Auditors Can’t Confirm $2.1B In Cash Exists
Wirecard Delays Annual Report After Auditors Can’t Confirm $2.1B In Cash Exists
June 18, 2020  |  Security & Fraud

Wirecard has postponed publication of its 2019 annual report after disclosing that its auditor can’t confirm the existence $2.1 billion in trust accounts — or...

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Commercial Cards Gear Up For Corporate Travel’s Return
Commercial Cards Gear Up For Corporate Travel’s Return
June 17, 2020  |  B2B Payments

It may not look like it yet, but business travel is headed for a comeback. At least, that’s what commercial card technology players believe, with...

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Wirecard Teams With Payhawk For Corporate Expense Card Rollout
Wirecard Teams With Payhawk For Corporate Expense Card Rollout
June 15, 2020  |  B2B Payments

To offer businesses a simple way for supervising expenditures, digital financial technology firm Wirecard is teaming with Payhawk to roll out a new Visa card,...

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Digital Payments’ Summer of Love
Digital Payments’ Summer of Love
June 04, 2020  |  Digital Payments

Human living went digital-first in the time it took COVID-19 to circle the earth once – about three months. It’s a fast and radical transformation...

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Deep Dive: Why FIs Must Master Tomorrow’s Digital Banking Needs Today
Deep Dive: Why FIs Must Master Tomorrow’s Digital Banking Needs Today
June 03, 2020  |  Digital Payments

The COVID-19 pandemic has ushered in immediate, large-scale operational changes for financial institutions (FIs) in the EU, U.K. and U.S. Brick-and-mortar branches shuttered as social...

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