New bad news after Wirecard insolvency: Visa and Mastercard want to end cooperation – Wirecard share rushes again | 06/26/20

Visa and MasterCard are considering depriving Wirecard of the ability to make payments through their networks, according to the Bloomberg news agency on Thursday evening, citing people familiar with the matter. Some Wirecard customers have already been contacted to prepare them for this option. Wirecard filed for bankruptcy on Thursday due to over-indebtedness and impending … Read more

Wirecard share implodes: Wirecard files for bankruptcy – EY assumes fraud | 25.06.20

The payment service provider Wirecard, caught up in a billion scandal, is on the brink. The company wants to file for bankruptcy due to over-indebtedness and impending insolvency, as the board announced on Thursday in a short ad hoc announcement. Large parts of the group may plunge into the abyss: the Wirecard management board checks … Read more

Wirecard share loses in double digits: no need for correction by KPMG check – auditors criticize weaknesses | 04/28/20

The highly anticipated special inspection of Wirecard books has not cleared all doubts about the business practices of the payment service provider. Even if the specially commissioned auditors from KMPG have so far not been able to find a proverbial “smoking gun” among the Aschheimers – concerns remain. For example, KPMG was unable to view … Read more

Wirecard stock turns negative: Wirecard wins Turkish streaming platform as customer | 04/15/20

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