Ernst Young news and trends

With Professional Service Firms Catching Heat, Is This Digital’s Moment?
Security & Fraud // April 06, 2023

Running a business is complicated, particularly in today’s challenging macroclimate. But economic downturns are cyclical — and there exists a bevy of professional service firms out there to help organizations chart a path forward through uncertain times. Only now, those firms are increasingly coming under...

EMEA Daily: Meta Faces Fines in South Africa; CloudPay, Visa Partner on Payroll Payments; UK...
International // March 15, 2022

In today’s top Europe, Middle East and Africa news, South Africa’s competition regulator is seeking to prosecute Facebook for abusing its dominance in the social media sector, and the United Kingdom’s National Crime Agency has called for more cryptocurrency rules. Plus British platform Playter has...

Report: EY Anti-Fraud Team Found ‘Red-Flag Indicators’ at Wirecard
Security & Fraud // December 14, 2020

The epic collapse of German payments company Wirecard continues to raise questions about its accounting firm for years, Ernst & Young (EY). Munich prosecutors have begun an investigation into EY’s audit of Wirecard, adding to its troubles associated with $2.1 billion that went missing at...

German Prosecutors Launch Investigation Into Ernst & Young’s Wirecard Audit
Security & Fraud // December 04, 2020

Munich prosecutors have launched an investigation into the Ernst & Young (EY) audit of Wirecard AG, compounding the firm’s troubles associated with $2.3 billion that went missing at the payment company. APAS, an independent government body overseeing Germany’s auditing industry, sent a letter to prosecutors...

Quick Reads
Uplinq and Ernst & Young Partner to Offer Small Business Credit Lending

October 18, 2023
Uplinq Financial Technologies has partnered with Ernst & Young (EY) to introduce credit lending to small and medium-sized businesses (SMBs). Using advanced analytics and Uplinq’s decision-making modules, the integrated solution aims transform the lending landscape, the companies said in a Wednesday (Oct. 18) press release. Mario Schlener, EY partner and lead risk consulting for Canada, said the collaboration will […]

EMEA Daily: Meta Faces Fines in South Africa; CloudPay, Visa Partner on Payroll Payments; UK...

March 15, 2022
In today’s top Europe, Middle East and Africa news, South Africa’s competition regulator is seeking to prosecute Facebook for abusing its dominance in the social media sector, and the United...

Report: EY Anti-Fraud Team Found ‘Red-Flag Indicators’ at Wirecard

December 14, 2020
The epic collapse of German payments company Wirecard continues to raise questions about its accounting firm for years, Ernst & Young (EY). Munich prosecutors have begun an investigation into EY’s...

German Prosecutors Launch Investigation Into Ernst & Young’s Wirecard Audit

December 04, 2020
Munich prosecutors have launched an investigation into the Ernst & Young (EY) audit of Wirecard AG, compounding the firm’s troubles associated with $2.3 billion that went missing at the payment...