EY Germany to cut hundreds of jobs in profitability push - FTEY, one of "Big Four" global accountant firms, had audited and certified payments company Wirecard's books even as journalists and investor...
26 Jan, 2023, 11.54 AM IST
Wirecard witness admits guilt but pins German fraud blame on ex-CEOWirecard's downfall two years ago shook the German business establishment, putting politicians who had backed it and regulators who took ye...
19 Dec, 2022, 04.56 PM IST
Wirecard boss's lawyer calls allegations 'absurd' in fraud trialWirecard CEO Markus Braun and two other managers are on trial on charges including market manipulation and fraud and could be sentenced for...
12 Dec, 2022, 06.22 PM IST
Singapore’s Nium to acquire Wirecard’s forex unit in IndiaThe acquisition of Wirecard Forex will mark Nium’s entry into the Indian market, where it will directly engage in a variety of payment serv...
07 Jul, 2021, 09.55 AM IST
Wirecard’s Indian deal started with ‘fraud’, UK judges sayThe transactions in 2015 are being scrutinised in courts in London and Chennai, with the former minority holders of Hermes I-Tickets Pvt. L...
03 Mar, 2021, 03.13 AM IST
Why the Wirecard Scandal is relevant for India - Chapter 2: Need to protect the whistleblowerA review of the history of the Wirecard scam reveals that the questionable conduct of its business operations, the unaccounted high volume ...
12 Sep, 2020, 11.01 AM IST
Why the Wirecard scandal is relevant for India - Part 1: Regulators and fintech boomCOVID-19 pandemic, the enthusiasm for fintech services and fintech software in daily transactions involving monies has been palpable everyw...
05 Sep, 2020, 12.14 PM IST
Spying claims are latest twist in Germany's Wirecard thrillerOnce a darling of the fintech scene, the payments provider filed for insolvency in June after being forced to admit that 1.9 billion euros ...
10 Jul, 2020, 10.48 PM IST
Pine Labs eyes Asia operations of sinking WirecardAt least four major payment deployers, including Hitachi Payments and Atos-backed Wordline Technology, have made enquiries about its sale, ...
04 Jul, 2020, 08.57 AM IST
New woes for SoftBank's Son: Wirecard may go the WeWork wayAs Wirecard drama unfolds, it may well turn into this year's WeWork, another PR disaster for Son.
02 Jul, 2020, 12.14 PM IST
Wirecard headquarters raided in probe of accounting scandalTwelve prosecutors were supported by 33 police officers as well as police IT experts in Wednesday's raids, Munich prosecutors said. Five lo...
01 Jul, 2020, 03.46 PM IST
EU investigating German watchdog over Wirecard collapseWirecard's implosion on Thursday, owing creditors almost $4 billion, is shaping up to be one of Germany's biggest corporate scandals, and r...
26 Jun, 2020, 11.38 PM IST
Scandal-hit Wirecard files for insolvencyWirecard AG filed for insolvency, the culmination of a stunning accounting scandal that led to the arrest of its CEO and left the German pa...
26 Jun, 2020, 04.08 AM IST
Wirecard says missing $2.1 billion likely do not exist, withdraws resultsThe former German stock market darling, which processes payments for companies including Visa and Mastercard, has seen billions of euros wi...
22 Jun, 2020, 11.29 PM IST
Wirecard CEO Markus Braun quits as search for missing billions hits dead end in AsiaMarkus Braun, who built the German company into one of the hottest investments in Europe, leaves Wirecard facing a looming cash crunch amid...
19 Jun, 2020, 05.29 PM IST
Wirecard deal shows Masayoshi Son's no simple opportunistAssuming Wirecard gets past its legal issues, it looks like Masayoshi Son has once again combined good planning with fortuitous timing to c...
25 Apr, 2019, 02.43 PM IST
Wirecard stock slides on India report, sell callWirecard shares extended early losses and dropped as much as 10 percent in Frankfurt on Friday.
15 Mar, 2019, 07.59 PM IST