Deutsche Bank
Search results
We are now North Lane Technologies, Inc. Our service and commitment to you remain.
- Access and Manage Your Account
We are now North Lane Technologies, Inc. Our service and...
- Prepaid Card Services
We are now North Lane Technologies, Inc. Our service and...
- Access and Manage Your Account
Merchants can create a payment using a specific payment method, if they have a valid subscription and have specified it correctly inside the payment request. The following pages provide an overview about all available payment methods, their characteristics and the required parameters for transaction processing.
- The Early Years
- The First Attack
- Profits and Questions Grow Fast
- Europe’s Greatest Fintech
- Singapore Scandal, Softbank and Spies
- To Dublin and Dubai with KPMG as The New Referee
- The Collapse
1999Wirecard is founded in a Munich suburb, backed by venture capital in the late stages of the dotcom boom. A payment processor, it helps websites collect credit card payments from customers. 2002After the group almost goes bust, Markus Braun, a former KPMG consultant, takes over as chief executive and merges Wirecard with a Munich rival, Electron...
2008The head of a German shareholder association publishes an attack on Wirecard, suggesting balance sheet irregularities. EY is appointed to conduct a special audit, and the following year replaces the small Munich firm that had previously acted as group auditor. The German authorities eventually prosecute two men in connection with the attack, wh...
2015 The Financial Times begins to publish its House of Wirecard series on FT Alphaville, raising questions about inconsistencies in the group’s accounts. When the FT suggests that there appears to be a €250m holein the group’s balance sheet, Wirecard responds with letters from Schillings, a UK law firm, and hires FTI Consulting in London to manage...
2017A clean audit from EY and a marked improvement in reported cash generation prompt renewed investor enthusiasm for Wirecard shares, which more than double in price. The group announces a deal to take over Citi’s payment processing operations across 11 countries in Asia, a transaction designed to make Wirecard a household name in the region. Mark...
October 2018 Whistleblowers contact the FT concerned that the internal investigation in Singapore has been squashed. January 2019 The FT publishes its first storyon the Singapore investigation, which is immediately described as “false” by Wirecard. BaFin starts to investigate the FT over an allegation of market manipulation. February 2019 The Singa...
October 2019 The FT publishesdocuments indicating that profits at Wirecard units in Dubai and Dublin were fraudulently inflated, and that customers listed in documents provided to EY did not exist. Wirecard says the documents are not authentic and reiterates again its staff and executives have done nothing wrong. Under pressure from investors it ap...
June 16The Philippine banks BPI and BDO inform EY that documents supposedly detailing €1.9bn in balances are “spurious”. June 18 Wirecard is supposed to publish audited results for 2019. Instead it announcesthat €1.9bn is “missing”. Mr Marsalek is suspended. James Freis joins the management board as chief compliance officer. June 19 Markus Braun re...
Wirecard Payment in Installments payment. authorization; capture-authorization; credit; refund-capture; void-authorization; Wirecard Payment Page v2. General Information; Countries and Currencies; Transaction Type authorization; Test Credentials; Sample Workflow; Post-Processing Operations; JSON/NVP Field Reference; Wirecard Payment on Invoice ...
Wirecard was an international supplier of electronic payment and risk management services. Wirecard offered products and services in the areas of mobile payments , e-commerce , digitisation and finance technology.
The Wirecard scandal (German: Wirecard-Skandal) was a series of corrupt business practices and fraudulent financial reporting that led to the insolvency of Wirecard, a payment processor and financial services provider, headquartered in Munich, Germany.
People also ask
What services does Wirecard offer?
What did Wirecard do?
How much is Wirecard worth?
How can a merchant send a payment to Wirecard payment gateway?
Oct 15, 2019 · A very large proportion of Wirecard sales and profits appear to have been attributed to a relationship with Al Alam, a payment processor with a small office in Dubai and a minimal web presence.
