Ex-Wirecard CEO rearrested on claims he hid massive losses for years
MUNICH (BLOOMBERG) – Former Wirecard chief executive officer Markus Braun and two other former company officials were arrested as prosecutors said the company [...]
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Blockchain-based payments network jointly developed by MAS on track for commercial use
SINGAPORE – Singapore has developed a blockchain-based payments network that enables payments to be carried out in different currencies on the same network, [...]
MAS says Wirecard assessing ability to continue offering services in Singapore
SINGAPORE (REUTERS) – Singapore’s central bank said on Tuesday (June 30) that German payment firm Wirecard’s local entities had informed it that they [...]
Wirecard says it will continue operating despite filing for insolvency
FRANKFURT AM MAIN/BERLIN (AFP, REUTERS) – German payments provider Wirecard said on Saturday (June 27) that it would continue to operate despite filing [...]
Payment giant Wirecard collapses, owing creditors US$4 billion
BERLIN/MUNICH • Wirecard collapsed yesterday, owing creditors almost US$4 billion (S$5.5 billion) after disclosing a gaping hole in its books, in Germany’s worst [...]