An employee demonstrates the Wirecard AG online payment smartphone application on Thursday, June 13, 2019 at the company’s exhibition stand at the Noah Technol Conference G Conference in Berlin, Germany. Christian Boxy | Bloomberg by Getty Images The UK unit of the notorious German payment company Wirecard, Wirecard Card Solutions, …
Read More »Former Wirecard CEO Markus Braun was arrested again in Munich
Markus Braun, CEO of Wirecard AG, arrives at the company’s annual press conference in the Aschheim district of Munich, Germany, Tuesday, April 25, 2019. Michaela Handrek-Rehle | Bloomberg via Getty Images Former CEO of German payments company Wirecard Markus Braun was arrested again in Munich, prosecutors in the Bavarian capital …
Read More »Wirecard to resume UK operations after FCA lifts restrictions
An employee displays the Wirecard AG online payment smartphone app at the company’s exhibition booth at the Noah Technology Conference in Berlin, Germany, Thursday, June 13, 2019. Krisztian Bocsi | Bloomberg via Getty Images Wirecard has received permission to conduct regulated activities in the UK again following a decision by …
Read More »Wirecard Investors Remain On Roller Coaster As Stocks Rise 150%
Shares in Wirecard AG WDI, + 154.48% More than 150% soared on Monday, with some speculation that French group Worldline may try to buy parts of the German scandal payments company that filed for bankruptcy last week. Others said it was a so-called dead cat bounce: speaking on the market …
Read More »Wirecard scandal affects users of UK fintech apps Curve, Anna and Pockit
The Curve card and the app are displayed on a smartphone. Curve Thousands of British consumers have been unable to access their cash as some financial technology applications that rely on the Wirecard scandal payment processor were forced to freeze their accounts. On Friday, the Financial Conduct Authority (FCA) ordered …
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