Former Wirecard Executives in the Dock as Germany’s Biggest Fraud Trial Begins December 6, 2022 By Jörn Poltz and Christian Kraemer Former Wirecard executives go on trial on Thursday, two years after the collapse of the payments company that produced Germany’s...
UK Fintech Vitesse Raises $26M With Participation From Hannover Digital Investments February 14, 2022 Vitesse PSP, the London-based fintech that specializes in digital solutions for global payments and counts numerous insurers among its customers,...
Investors Cannot Sue German Regulator for Wirecard Collapse, Court Rules January 20, 2022 By Karin Matussek Investors who lost money from investing in Wirecard AG shares can’t make Germany’s financial regulator Bafin compensate them, a Frankfurt...
Amazon Enters India Wealth Management with Investment in Smallcase Technologies August 18, 2021 By Saritha Rai Amazon.com Inc. has made its maiden investment in India’s wealth management sector, participating in a $40 million round by fintech...
Global Regulators Warned About Entry of ‘Big Tech’ Firms into Financial Services August 3, 2021 By Marc Jones Central banks and financial regulators urgently need to get to grips with the growing influence of “Big Tech,” according to...
Tech Giants’ Move into Indian Financial Services Poses Stability Risk: Central Bank July 2, 2021 By Suvashree Ghosh India’s central bank warned about the growing presence of technology giants in the country’s digital financial services and payment systems...
Accenture Invests in Swiss Digital Payments Company Imburse June 22, 2021 Accenture has invested in Imburse, a cloud-based, payments-as-a-service enterprise platform that simplifies the way businesses access the global payments ecosystem....
Former Wirecard Executive Marsalek Placed on Interpol’s Most Wanted List August 13, 2020 By Karin Matussek Former Wirecard AG executive Jan Marsalek was added to Interpol’s red notice list, sparking a worldwide manhunt for one of...
Germany to Reform Regulation of Insurers, Banks, Payment Firms on Wirecard Scandal July 27, 2020 By Patrick Donahue German Finance Minister Olaf Scholz intends to unveil a reform of the government’s financial oversight, as the widening scandal over...
German Prosecutors Arrest Ex-Wirecard Execs on Suspicion of Running Criminal Racket July 24, 2020 By Jörn Poltz German prosecutors arrested three former top executives of Wirecard on Wednesday, saying it suspected them of masterminding a criminal racket...