0
Broadband

EY questions Wirecard's third-party business in Asia - report

Tuesday 30 June 2020 | 10:44 CET | News
Ernst & Young has questioned the entire third-party business in Asia of Wirecard, the insolvent German payments company, Suddeutsche Zeitung, NDR and WDR reported citing a letter sent by EY to the management team of the firm. The auditors also criticised the company's information policy. Documents such as bank statements or account opening receipts, despite several requests, were not delivered.

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: Internet
Companies: EY / Wirecard
Countries: Germany
::: add a comment

Add comment

Please login or register to leave a comment.

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Nokia, Ernst & Young to open 5G hub in Cleveland

Published 14 Apr 2021 16:24 CET | World
Nokia has teamed up with Ernst & Young Oy (EY Finland) to help companies and communication service providers (CSPs) discover the ...

Mobiele betaal-app Boon stopt door problemen bij moederbedrijf Wirecard

Published 03 Aug 2020 16:39 CET | Europe
Mobiele betaal-app Boon houdt op te bestaan. Het automatisch opwaarderen van de mobiele wallet is al niet meer mogelijk en Boon ...

Wirecard subsidiary files for insolvency in Graz

Published 06 Jul 2020 09:46 CET | Austria
Michael Jaffe, the insolvency administrator at German payments company Wirecard, said that individual parts of the firm could be ...

Wirecard could divest some business units after break-up

Published 01 Jul 2020 10:39 CET | Germany
Michael Jaffe, the insolvency administrator at German payments company Wirecard, said that individual parts of the firm could be ...

Wirecard to continue operations after filing for insolvency

Published 29 Jun 2020 10:46 CET | Germany
Wirecard, the German payments company, will continue its operations after filing for insolvency in a court in Munich, MarketWatch ...

Wirecard, Brightstar enter MoU to digitise financial processes globally

Published 02 Sep 2019 12:57 CET | World
Wirecard and Brightstar entered into a memorandum of understanding (MOU) with the goal of collaborating in the areas of digital ...

Garmin extends contactless payment options with Wirecard's Boon

Published 16 May 2018 14:07 CET | Europe
Garmin will be launching full contactless payments to Garmin Pay customers in Europe, after signing a cooperation deal with ...

Wirecard partners with Fitbit to offer contactless payments using Fitbit Pay

Published 18 Apr 2018 11:01 CET | Ireland
All 'boon' by Wirecard customers from Ireland, Italy, Spain and Switzerland and the UK can now use their digital cards to make ...