Tag: Payment service provider
All the background and information on the Wirecard scandal
The indictment is as thick as a book. The allegations by the Munich public prosecutor against Markus Braun, the former CEO of Wirecard, cover 474 pages. In 2018 the most…
Worldline is looking for further acquisitions
Gilles Grapenet The 59-year-old has been at the helm of the company for almost ten years. (Photo: imago images/IP3press) Frankfurt The largest European payment processor, Worldline from France, is targeting…
Satispay collects 320 million euros and becomes a unicorn
Satispay app The Italian fintech aims to become the next leading payments network in Europe. (Photo: Satispay) Frankfurt Italian financial start-up (fintech) Satispay has raised 320 million euros in fresh…
Santander appoints boss for Germany
Nicole Mantow Santander appoints Nicole Mantow as head of Pagonxt in Germany. (Photo: Evo Paymants International) Madrid, New York Almost two years after the major Spanish bank Santander took over…
Klarna is cutting jobs, there is a risk of a valuation discount
“When we made our business plans for 2022 last fall, the world looked very different than it does today,” explained Klarna boss and co-founder Sebastian Siemiatkowski at the beginning of…
Payment service provider cuts every tenth digit
Klarna logo The Swedish company specializes in consumer loans. (Photo: imago images/ZUMA Wire) Stockholm The Swedish payment service provider Klarna is cutting ten percent of its jobs, citing rising inflation…
Payment service provider Klarna takes back fees
Klarna advertising The Swedish payment service provider Klarna is adapting payment methods in favor of consumers. Industry observers believe that Klarna anticipates possible regulation. (Photo: mauritius images / Robert Evans…
Adyen increases profit – share increases significantly
Frankfurt The Dutch payment service provider Adyen, so far mainly active in Europe, is aiming for global business. Company boss Pieter van der Does told the Handelsblatt: “We are in…
Prosecutors are bringing charges against former Marsalek confidants
Wirecard The payment service provider slipped into bankruptcy in 2020. (Photo: dpa) Dusseldorf In the financial scandal surrounding the payment service provider Wirecard, the Munich public prosecutor’s office brought charges…
After the Wirecard scandal: Bafin is examining German payment service providers
Frankfurt The financial supervisory authority Bafin is scrutinizing several large payment service providers after the Wirecard scandal. In addition to a special audit at Unzer, the authorities have also started…
Mastercard wants to accept Bitcoin as a means of payment
Credit card There are still no hardware devices in the supermarket to accept bitcoins: Mastercard therefore has to convert crypto-coins into an ordinary currency during the transaction. (Photo: AP) Dusseldorf…