Wirecard lays off over 50% of staff amid insolvency process
The firm is planning to let go of 730 of the 1,300 workers at its Aschheim office, cutting its total number of employees down to 570.
Latest Wirecard News
Wirecard execs allegedly looted $1 billion before collapse: report
Top ranking executives at the Munich-based company allegedly funneled millions of euros to suspicious companies in Asia, according to reports.
Mastercard exec implicated in illegal Wirecard transactions
The executive was allegedly involved in a sophisticated money laundering operation with links to disgraced payments firm Wirecard.
Wirecard former COO Jan Marsalek on the run
Jan Marsalek is reportedly in Russia after fleeing Germany where he is facing an arrest warrant, according to local media outlets.
The CoinGeek Pulse: Episode 2
This week, the CoinGeek Pulse delves into developments at Wirecard, WhatsApp in Brazil, MetaStreme’s record stress test, and Centbee.
Wirecard digital currency services back online
UK customers with Crypto.com, TenX or Cryptopay digital currency debit cards, which are issued by Wirecard, can use their digital currency debit cards at retailers once again.
Wirecard digital currency services halted in UK
Crypto.com, TenX, and CryptoPay users living in UK can no longer top up or make transactions with their Wirecard debit cards.
Embattled Wirecard files for insolvency
The insolvency move is the latest event to unfold from the accounting scandal surrounding the digital currency debit card issuer.
Wirecard ex-CEO Markus Braun nabbed in Munich
Markus Braun resigned from Wirecard on June 19, shortly after the firm’s auditor Ernst & Young released its report.
Digital currency debit card provider Wirecard ‘loses’ $2B
German financial services provider Wirecard has come up $2.1 billion short in its recent audit.