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

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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 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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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

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MIDFIRST BANK EXTENDS WESTERN EXPANSION WITH ENTRANCE INTO NEVADA MARKET

MidFirst Bank | January 08, 2024

MidFirst Bank, the largest privately held bank in the nation, recently announced its expansion into the Southern Nevada market. This effort is led by Michael Pizzi, who will serve as Senior Vice President and Nevada Market Executive, and a team of bankers from Bank of Nevada who have extensive area expertise, deep regional relationships and a proven track record of delivering exceptional support to their customers and the communities they serve. This expansion extends MidFirst’s grow...

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KSL Capital Partners, LLC ("KSL"), a leading investor in travel and leisure businesses, today announced its 2024 promotions, including the addition of four individuals to the firm's partnership. The following individuals have been promoted to Partner effective January 1, 2024. Kirk Adamson Martin Edsinger Kevin Rohnstock Tina Yu "Our people are our single most important asset, and we...

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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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