WhatsApp, Brazil Central Bank In Talks To Restore Payments Service Volcker Rule reforms expand options for raising VC funds CMG...
This week, we consider the impact of financial infrastructure collapse and who really gets hurt through the lens of Wirecard, Enron, and Lehman Brothers. Yes, there are investors in the entity that will lose value. But there are also clients and counterparties of Wirecard, like Curve, Revolut, and Crypto.com. In the case of Lehman, there was a $40 trillion derivatives notional amount that took twenty years to wind down. We also consider the most recent $500,000 hacking in DeFi of an automated market maker to see if there are common threads to be drawn between the two worlds.
McKinsey warned Wirecard to take immediate action on controls in their largest business more than a year ago; the consultancy...
Clearbanc just launched a valuation tool that its cofounders are calling a credit score for startups. Here’s what entrepreneurs need...
A buyer’s guide to data aggregation Why Freelance Workers Should Be The First To Adopt Blockchain The Biggest Threat To...
In an interview with Karen Webster, the CEO of PYMNTS.com, the managing director of Wirecard North America, Deirdre Ives, discusses...
Wirecard has announced that an external law firm is investigating accounting manipulations by a member of the company’s finance team...
Despite recent challenges with accounting issues in its Asian arm German payments company Wirecard has received a $1 billion funding...
Upstart’s AI Lending Platform Expands to Auto Loans On Deposit Solutions’ launch in the U.S. with CEO Philipp von Girsewald...
Today, the UK financial regulator, the Financial Conduct Authority, has suspended the activities of Wirecard’s UK subsidiary; this is having...