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wirecard News

Philippines probes possible ploy to 'mislead' Wirecard investigation

Manila - Philippine authorities are investigating immigration records that show the ex-chief operating officer of collapsed payments provider Wirecard entered the country this week before leaving for China, the Filipino justice secretary said Friday.

Wirecard collapse an 'unparallelled scandal'

Berlin - The dramatic collapse of payments provider Wirecard is an "unparallelled scandal", Germany's finance minister said Thursday, after the group filed for insolvency as it admitted that 1.9 billion euros missing from its accounts likely did not exist.

Scandal-hit Wirecard admits missing 1.9 bln likely gone

Frankfurt Am Main - Shooting-star German payments provider Wirecard on Monday admitted 1.9 billion euros that auditors say are missing from its accounts likely "do not exist", fueling fraud suspicions that saw its CEO resign.

German fintech pushes Commerzbank out of DAX 30

Frankfurt Am Main - Wirecard, a Bavarian start-up specialised in online payments, has nudged German giant Commerzbank out of the blue-chip DAX index, in the latest sign of plucky fintechs outshining traditional lenders.
 

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