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SoftBank Group looks to buy 5 pct of payment firm Wirecard: Bloomberg

Japan's SoftBank Group Corp is looking to acquire a 5 percent stake in German payments company Wirecard AG, Bloomberg reported on Tuesday, citing people familiar with the matter......»»

Category: topSource: reutersApr 23rd, 2019

Germany bans Wirecard "shorting" as prosecutors probe FT journalist

Germany's financial watchdog has banned "short" selling of Wirecard shares due to volatility in the payments firm's stock following reports in the Financial Times which are now the subject of an investigation by German authorities......»»

Category: topSource: reutersFeb 18th, 2019

Syncapay CEO Juli Spottiswood sees opportunity ahead after key merger

Syncapay’s Juli Spottiswood is looking ahead after an acquisition that drew a lot of attention. As CEO of the Plano, Texas firm, she oversaw the tie-up of North Lane Technologies, formerly Wirecard North America Inc., and DaVinci Payments. They .....»»

Category: topSource: bizjournalsJan 16th, 2021

Wirecard shares plunge as Dubai-based partner shuts shop

Shares in Wirecard fell to more than two-year lows on Friday after a Dubai-based business partner closed its doors even as the German payments company played down the impact on operations......»»

Category: topSource: reutersMay 15th, 2020

German watchdog investigates payments company Wirecard

Germany's financial watchdog BaFin said on Tuesday it was conducting multiple investigations into Wirecard , sending its shares lower and adding to pressure over allegations it has denied......»»

Category: topSource: reutersMay 12th, 2020

German watchdog conducts multiple investigations into Wirecard

Germany's financial watchdog BaFin said on Tuesday that it was conducting multiple investigations into payments company Wirecard ......»»

Category: topSource: reutersMay 12th, 2020

Germany"s BaFin conducting multiple investigations into Wirecard: president

Germany's financial watchdog said on Tuesday that it was looking very closely at developments surrounding German payments company Wirecard ......»»

Category: topSource: reutersMay 12th, 2020

Wirecard chairman voices support for embattled CEO: report

The chairman of Wirecard's supervisory board, Thomas Eichelmann, voiced support for the German payments company's chief executive, Markus Braun, despite controversy over previous months, according to an interview with a German newspaper......»»

Category: topSource: reutersApr 30th, 2020

Wirecard slides again after short seller demands CEO"s head

Shares in Wirecard slumped again on Wednesday as a prominent short seller demanded the sacking of CEO Markus Braun after a special audit of the German payments company was unable to verify its financial statements......»»

Category: topSource: reutersApr 29th, 2020

Dow Jones Newswires: Wirecard, Sprint partner on Internet of Things, payments

Under the agreement, the German payments company’s unified commerce solutions will be integrated into the U.S. communications-services company’s IoT platform......»»

Category: topSource: marketwatchJan 8th, 2020

Uber denies report it in talks with Germany"s Wirecard

Ride hailing company Uber denied a German magazine report on Thursday that it was considering hiring Wirecard as its main payments partner to replace Dutch platform Adyen......»»

Category: topSource: reutersNov 21st, 2019

Uber says not in talks with Germany"s Wirecard

Ride hailing company Uber denied a German magazine report on Thursday that it was considering hiring Wirecard as its main payments partner to replace Dutch platform Adyen ......»»

Category: topSource: reutersNov 21st, 2019

Dow Jones Newswires: Wirecard posts profit and revenue rises

Net profit at the German payments company was 149.2 million euros ($165.6 million) in the quarter, compared with EUR94.9 million in the year-earlier quarter......»»

Category: topSource: marketwatchNov 6th, 2019

SoftBank-backed German payments giant Wirecard denies wrongdoing after report into its accounting practices

Reuters German payments giant Wirecard has denied wrongdoing after a new report on its accounting practices. On Tuesday, The Financial Times published documents which it said appeared to indicat.....»»

Category: topSource: businessinsiderOct 15th, 2019

Wirecard sees profit potential of Softbank alliance at up to 273 million euros

Wirecard sees the total five-year profit potential from its alliance with Japan's Softbank Group Corp at between 209 million euros and 273 million euros ($235-$307 million), the German payments company said on Friday......»»

Category: topSource: reutersMay 10th, 2019

Wirecard sees five-year profit potential of Softbank alliance at 209-273 million euros

Wirecard sees the total five-year profit potential from its alliance with Softbank Group Corp at between 209 million euros and 273 million euros ($235-$307 million), the German payments company said on Friday......»»

Category: topSource: reutersMay 10th, 2019

Wirecard lands $1 billion investment from Japan"s Softbank

Japan's Softbank Group Corp will buy a 5.6 percent stake in Wirecard for around 900 million euros ($1 billion), the German company said on Wednesday, joining forces in the digital payments sector......»»

Category: topSource: reutersApr 24th, 2019

Japan"s Softbank to buy 5.6 percent of Wirecard for around $1 billion

Japan's Softbank Group Corp will buy a 5.6 percent stake in German payments company Wirecard by acquiring convertible bonds worth around 900 million euros ($1.01 billion), Wirecard said in a statement on Wednesday......»»

Category: topSource: reutersApr 24th, 2019

Softbank Group in talks to buy 5% stake in Wirecard: Bloomberg

Japan's SoftBank Group Corp is looking to acquire a 5 percent stake in German payments company Wirecard AG, Bloomberg reported on Tuesday, citing people familiar with the matter......»»

Category: topSource: reutersApr 23rd, 2019

Why Germany’s Wirecard Is No Stranger to Controversy

Shares in German payments company Wirecard AG have whipsawed this year after a series of reports alleging accounting fraud in Asia. The company has repeatedly denied wrongdoing, but investors are watchin.....»»

Category: topSource: washpostMar 26th, 2019