Wirecard is the global leader in innovation for digital financial technology, employing more than 5000 employees in 26 countries. As one of the world’s fastest growing digital platforms in the area of financial commerce, it provides businesses and end customers alike with a constantly expanding ecosystem of real-time value-added services.

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SOFTBANK’S $1 BILLION WIRECARD BET UNDER SCRUTINY AS TROUBLED PAYMENTS PROCESSOR FIGHTS FOR SURVIVAL

SoftBank | June 24, 2020

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SoftBank has come under renewed scrutiny about its investment strategy but this time it’s about one of the Japanese tech conglomerate’s lesser-known bets. Last year, the company made a 900 million euros ($1 billion) investment in Wirecard, as part of a broader tie-up between the two on digital payments. But that deal has raised eyebrows now due to a deepening accounting crisis at the German payments processor....

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WIRECARD SHARES CRASH AGAIN AFTER PAYMENTS FIRM SAYS MISSING $2 BILLION LIKELY DOESN’T EXIST

Wirecard | June 22, 2020

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Wirecard shares are once again in free fall on Monday after the German payments firm said it was likely that 1.9 billion euros ($2.1 billion) of cash missing from its balance sheet doesn’t exist. The Munich-based company said it was assessing the “prevailing likelihood” that unaccounted cash balances flagged by auditors at EY last week “do not exist.” The lost funds represent roughly a quarter of Wirecard’s balance sheet....

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PAYPAL PROCESSED RECORD $10 BILLION IN CHARITABLE DONATIONS IN 2019

PayPal | January 16, 2020

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PayPal Holdings, Inc. (NASDAQ: PYPL) today announced that it processed a record $10.3 billion in donations to charities around the world in 2019, and more than $1 billion in the month of December alone, as mobile and other digital channels continue to change how donors engage with nonprofit organizations. Twenty-one percent of all donations processed by PayPal in 2019 were made through mobile devices. "Our efforts to drive social impact and create value for all of our stakeholders continue ...

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BLACKROCK'S ASSETS BLOW PAST $7T IN MILESTONE FOR INVESTMENT GIANT

BlackRock | January 15, 2020

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BlackRock Inc.'s assets scaled $7 trillion for the first time, putting the spotlight on the world's largest money manager's growing reach. The investment giant took in $128.8 billion in net new money in the fourth quarter of 2019, where exchange-traded funds drew big inflows. That is up from the $49.8 billion in net flows in the year-ago period. BlackRock's quarterly net profits rose 40 percent to $1.3 billion. The company's fourth-quarter earnings of $8.29 a share exceeded W...

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news image

SOFTBANK’S $1 BILLION WIRECARD BET UNDER SCRUTINY AS TROUBLED PAYMENTS PROCESSOR FIGHTS FOR SURVIVAL

SoftBank | June 24, 2020

SoftBank has come under renewed scrutiny about its investment strategy but this time it’s about one of the Japanese tech conglomerate’s lesser-known bets. Last year, the company made a 900 million euros ($1 billion) investment in Wirecard, as part of a broader tie-up between the two on digital payments. But that deal has raised eyebrows now due to a deepening accounting crisis at the German payments processor....

Read More
news image

WIRECARD SHARES CRASH AGAIN AFTER PAYMENTS FIRM SAYS MISSING $2 BILLION LIKELY DOESN’T EXIST

Wirecard | June 22, 2020

Wirecard shares are once again in free fall on Monday after the German payments firm said it was likely that 1.9 billion euros ($2.1 billion) of cash missing from its balance sheet doesn’t exist. The Munich-based company said it was assessing the “prevailing likelihood” that unaccounted cash balances flagged by auditors at EY last week “do not exist.” The lost funds represent roughly a quarter of Wirecard’s balance sheet....

Read More
news image

PAYPAL PROCESSED RECORD $10 BILLION IN CHARITABLE DONATIONS IN 2019

PayPal | January 16, 2020

PayPal Holdings, Inc. (NASDAQ: PYPL) today announced that it processed a record $10.3 billion in donations to charities around the world in 2019, and more than $1 billion in the month of December alone, as mobile and other digital channels continue to change how donors engage with nonprofit organizations. Twenty-one percent of all donations processed by PayPal in 2019 were made through mobile devices. "Our efforts to drive social impact and create value for all of our stakeholders continue ...

Read More
news image

BLACKROCK'S ASSETS BLOW PAST $7T IN MILESTONE FOR INVESTMENT GIANT

BlackRock | January 15, 2020

BlackRock Inc.'s assets scaled $7 trillion for the first time, putting the spotlight on the world's largest money manager's growing reach. The investment giant took in $128.8 billion in net new money in the fourth quarter of 2019, where exchange-traded funds drew big inflows. That is up from the $49.8 billion in net flows in the year-ago period. BlackRock's quarterly net profits rose 40 percent to $1.3 billion. The company's fourth-quarter earnings of $8.29 a share exceeded W...

Read More

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Feature market insights and perspectives from top C-Level executives, elite technology influencers and thought leaders from your company here. This signature initiative has garnered immense support...

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