Controversial German payments processor Wirecard — the issuer of several crypto debit cards — has been implicated in a new report on alleged criminal activities by a Mastercard executive operating at the troubled FBME bank in Cyprus. In 2014, the United States’ Financial Crime Enforcement Network had banned U.S.Read More →
Reuters. FILE PHOTO: The Wirecard AG logo is shown at its headquarters in Aschheim SINGAPORE (Reuters) – Singapore authorities said they launched an investigation into Citadelle Corporate Services, the Senjo group and its subsidiaries after examining the local operations of the collapsed German payment company Wirecard (DE:). The investigationRead More →
© Reuters. FILE PHOTO: A man walks past the Wirecard booth at the computer games fair Gamescom in Cologne, Germany (Reuters) – Wirecard North America Inc, a unit of German payments company Wirecard AG (DE:), on Monday said it has put itself up for sale, days after the troubled parentRead More →
Coming every Sunday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link. Top Stories This Week PayPal is hiring crypto engineersRead More →
© Reuters. FILE PHOTO: The headquarters of Wirecard AG, an independent provider of outsourcing and white label solutions for electronic payment transactions is seen in Aschheim FRANKFURT (Reuters) – Germany’s markets regulator Bafin on Friday said its two-month ban on short-selling shares of payments company Wirecard had expired. In February,Read More →
© Reuters. FILE PHOTO: The headquarters of Wirecard AG, an independent provider of outsourcing and white label solutions for electronic payment transactions is seen in Aschheim FRANKFURT (Reuters) – The departure of Wirecard’s compliance manager Royston Ng has no connection to the German payments firm’s investigations into financial irregularities inRead More →
European stocks traded mixed Monday, but the main index hovered at the best levels in four months as, investors continue to watch trade negotiations between the U.S. and China unfold, hoping for upbeat news. Fintech Wirecard AG jumped by 12% after Germany’s financial regulator banned investors from shorting its shares.Read More →
© Reuters. FILE PHOTO: First public day of the computer games fair Gamescom in Cologne By Arno Schuetze FRANKFURT (Reuters) – Germany’s financial watchdog has banned “short” selling of Wirecard shares after reports in the Financial Times sparked recent volatility in the payments firm’s stock. Bafin said the ban wasRead More →
