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Wirecard Chairman Dismisses Calls For Independent Audit - FT
Wirecard Announces €200 Mln Share Buyback Programme
Wirecard Exchangeable Notes Bookrunner Says Books Are Oversubscribed
Wirecard AG is a Germany-based provider of electronic payment and risk management applications with focus on the development and provision of technologies and services for payment transactions. It operates through three segments: The Payment Processing and Risk Management (PP&RM) segment accounts for all products and services for electronic payment processing and risk management; the Acquiring & Issuing (A&I) segment comprises the activities of Wirecard Bank AG, including credit card issuing and credit card sales revenues statements for online and terminal payments, as well as offers processing of clients' payment transactions via accounts kept with Wirecard Bank AG, and the Call Center & Communication Services (CC&CS) segment offers all products and services related to call center-supported relationship management of corporate and private customers, including after-sales service and mailing activities, among others. The Company operates, among others, through Moip Pagamentos SA.
Consumer Financial Services
Independent Chairman of Supervisory Board
Chairman of the Management Board, Chief Executive Officer, Chief Technology Officer
Independent Deputy Chairman of the Supervisory Board
Alexander von Knoop
Chief Financial Officer, Member of the Management Board
Member of the Management Board, Chief Operating Officer
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German payments company Wirecard has hired KPMG to conduct an independent audit to address allegations by the Financial Times that its finance team had sought to inflate reported sales and profits, it said on Monday.
Wirecard, the German payments company, said on Monday it had hired KPMG to conduct an independent audit to address allegations by the Financial Times that its finance team had sought to inflate its reported sales and profits.
Germany's Wirecard on Wednesday denied allegations made by the Financial Times newspaper accusing the fintech company of inflating sales and profits through its accounting practices, saying the conclusions drawn by paper were not correct.
Germany's Wirecard <WDIG.DE> rejected allegations of impropriety on Tuesday after the Financial Times newspaper published documents on the company's accounting practices which it said appeared to indicate an effort to inflate sales and profits.
German payments group Wirecard raised its long-term outlook on Tuesday, but the company's shares fell as analysts questioned the ability of any tech company to give a precise forecast for its business in five years' time.
German payments company Wirecard said on Tuesday that a key Middle Eastern unit had been properly audited, addressing allegations that the subsidiary had been a conduit for money flows of uncertain provenance.
The Financial Times said on Thursday that an independent investigation of its coverage of German payments company Wirecard <WDIG.DE> had found no evidence that its reporters had colluded with speculators.
German payments company Wirecard said on Monday that it had signed a memorandum of understanding to expand its strategic partnership with UnionPay, the Chinese payment card issuer.
Wirecard has signed a memorandum of understanding with SoftBank's Brightstar and anticipates "significant transaction volume" out of the deal, the German fintech announced on Monday.
The implied fee, or take rate, factored into Wirecard's <WDIG.DE> upgraded outlook for next year is very conservative, the German payments company's chief executive, Markus Braun, said on Wednesday.
Payments company Wirecard raised its outlook for 2019 on Wednesday after reporting new client wins, including Germany's ALDI supermarket chains, as it reported a 35.6% gain in core profits in the second quarter.
The Financial Times has hired a law firm to review its investigations into German payments company Wirecard, which has sued the newspaper over a series of reports alleging accounting irregularities.
Wirecard, the German payments company, said on Friday it had signed an agreement with supermarket chains ALDI Nord and ALDI Sued to process card payments at all their stores in the country.
German payments company Wirecard AG said on Thursday it was teaming up with car-dealing platform AUTO1 Group to offer digital financial services to consumers, in its first alliance with a company backed by Japan's SoftBank Group.
German payments company Wirecard said on Wednesday it would work with India to simplify the process of issuing tax identity cards required to open bank accounts, transfer money or complete business transactions.
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.
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.
German payments firm Wirecard is considering buying back shares following its partnership with Japan's Softbank Group which it said on Wednesday had already created leads for potential cooperation in digital payments.
German payments company Wirecard is considering buying back shares with some of the proceeds of a 900 million euro ($1 billion) convertible bond that Japan's Softbank Group Corp will buy, CEO Markus Braun said.
Wulf Matthias will not stand for a second term as Wirecard's chairman in 2020, German daily Handelsblatt said on Friday, citing sources in the financial industry.
Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.