Two decades of financial disasters from Enron Inc.’s collapse in 2001 to Wirecard AG’s meltdown have left the Big Four accounting firms facing a major cultural problem that regulators may struggle to ...
Payment processing company Wirecard was the darling of Germany’s fintech industry until auditors uncovered a $2 billion hole in its accounting. WSJ explains what we know about the missing money, as ...
Customers of banking apps are struggling to feed their families or being forced to take out expensive loans, days after their accounts were supposedly unfrozen following the collapse of Wirecard. The ...
There’s no shortage of articles in the press this week and last about the start of the prosecution of Wirecard executives for fraud, but how is it possible that such a large-scale fraud took so long ...
The fallout from the financial collapse of Wirecard has temporarily taken down payment card services Curve, Pockit and many others. Wirecard collapsed on Thursday with debts of almost $4 billion, ...
A temporary nuisance for crypto debit card holders, the Wirecard debacle reminds the public of the problems blockchain technology was designed to fix. Some of the most impactful frauds in modern ...
This story was delivered to Insider Intelligence Payments & Commerce Briefing subscribers earlier this morning. Insider Intelligence publishes hundreds of insights, charts, and forecasts on the ...
Europe has long struggled to produce world-beating technology firms. Wirecard was, for a while, viewed as a sign that this might be changing. The Munich-based payments-processor, a “fintech” star, ...
FRANKFURT (Reuters) - Germany's accountancy watchdog has denied blame for failing to spot problems at collapsed payments firm Wirecard , the latest in a string of agencies to shirk responsibility ...
Payment processing company Wirecard was the darling of Germany’s fintech industry until auditors uncovered a $2 billion hole in its accounting. WSJ explains what we know about the missing money, as ...
Billionaire short-seller Jim Chanos has reportedly made almost $100 million by betting against the controversial German fintech Wirecard. Chanos, who made his name forecasting the downfall of US ...
Britain’s financial watchdog has lifted restrictions on Wirecard’s UK operations, restoring services to hundreds of thousands of people and businesses who were locked out of accounts linked to the ...
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