Tag: Electronic payments
What the auditors need to change now
EY office building: For the company, the penalty of the auditor oversight is another damage to the image. (Photo: dpa) Dusseldorf There have never been such severe sanctions from the…
EY is not allowed to take on audit mandates at stock exchange groups
EY office in Berlin The decision of the auditor oversight Apas to EY is considered a milestone in the processing of the Wirecard scandal. (Photo: dpa) Dusseldorf, Berlin In connection…
What the banking crisis teaches about the digital euro
Euro symbol in front of the old ECB headquarters The European Central Bank is considering introducing a digital euro. (Photo: IMAGO/Ralph Peters) Imagine we have a global banking crisis and…
First insurance from Wirecard managers announces the end of payments
Markus Brown So far, manager liability insurance has had to pay the highest sums for the lawyers of the long-standing Wirecard boss. (Photo: dpa) Cologne A three-liner by the US…
How EY wants to save the split project
EY office building in Berlin The company wants to separate the consulting business from the auditing. (Photo: dpa) Dusseldorf The auditing company EY is striving for a speedy solution to…
Accused as prosecutor – ex-Wirecard boss Braun ends testimony
Ex-Wirecard boss Markus Braun Wirecard collapsed because 1.9 billion euros allegedly booked in trust accounts in Southeast Asia could not be found. (Photo: AFP/Getty Images) Munich The first stage of…
Test case against EY over Wirecard bankruptcy begins
Frankfurt Damaged Wirecard shareholders are now taking on the auditor EY. On Monday, the Bavarian Supreme Regional Court (BayObLG) in Munich appointed the private investor Kurt Ebert as model plaintiff…
Conflicts between fintechs and Bafin are increasing
Mark Branson The Bafin boss finds some processes in the crypto business scandalous. “There were providers who were obviously amateurish and infantile,” he criticizes. (Photo: dpa) Frankfurt Hardly anyone in…
Ex-boss Markus Braun does not want to have known anything
Dusseldorf Markus Braun once lived in luxury, today he lives in a nine square meter cell in the Munich-Stadelheim correctional facility. His company Wirecard is bankrupt and Braun is accused…
Current account: Passwords should become more complicated
Frankfurt The Volks- und Raiffeisenbanken want some of their customers to make their own passwords for online banking more secure. The corresponding online banking PIN should be as long and…
Markus Braun talks about his innocence
Ex-Wirecard boss Markus Braun Investigators are convinced that the supposedly most important part of Wirecard’s business, the third-party business, did not exist. Braun and his lawyers, on the other hand,…
These are the best apps in the ranking
>>iOS All apps now offer the most important basic functions such as standing orders or scheduled transfers, even a purely mobile function such as photo transfer is now standard. The…
Richter interrogates ex-boss Markus Braun
Markus Braun (middle) The former Wirecard CEO is in the dock between his lawyers Alfred Dierlamm (l) and Nico Werning (r) at the start of the trial. (Photo: dpa) Munich…
“It’s not the standard what you believe”
Markus Braun (middle) The former Wirecard CEO is in the dock between his lawyers Alfred Dierlamm (l) and Nico Werning (r) at the start of the trial. (Photo: dpa) Munich…
“It’s not the standard what you believe”
Markus Braun (middle) The former Wirecard CEO is in the dock between his lawyers Alfred Dierlamm (l) and Nico Werning (r) at the start of the trial. (Photo: dpa) Munich…
Ebay Germany removes fees for private sales
German headquarters of Ebay near Berlin In Germany, the platform waives fees for private sales. (Photo: ebay inc) Dusseldorf With a radical change in the business model in Germany, the…
Online platform eliminates fees for private sellers in Germany
German headquarters of Ebay near Berlin In Germany, the platform waives fees for private sales. (Photo: ebay inc) Dusseldorf With a radical change in the business model in Germany, the…
Asia is setting standards in digital payments and Germany is watching
store in Bangkok In Thailand, many locals use their smartphones when shopping and pay by QR code. (Photo: Bloomberg) Bombay If you are a foreign tourist on holiday in Thailand…
How Markus Braun experienced the last few days before bankruptcy
Markus Brown The former Wirecard CEO sees himself as a victim in the largest fraud case in German economic history. (Photo: dpa) Munich The long-standing Wirecard CEO Markus Braun has…
How the key witness describes the role of ex-CEO Markus Braun
Oliver Bellenhaus The indictment in the criminal proceedings for the billions in fraud at Wirecard is essentially based on the testimony of key witness Oliver Bellenhaus. He was once Wirecard…