Wirecard UK unlocks customers’ cash as ban lifted

The UK’s financial watchdog has lifted restrictions on German payments company Wirecard, allowing it to resume payment activities. The Financial Conduct Authority (FCA) imposed restrictions on the company’s UK arm…

Germany’s Fintech Star Falls After Missing Billions at Wirecard

(Bloomberg) — Just a month ago, the chief executive officer of Wirecard AG boasted on Twitter that the future would still be bright for the digital payments company when “all…

Germany’s Fintech Star Falls on Failure to Clean Up Wirecard

(Bloomberg) — Wirecard AG Chief Executive Officer Markus Braun resigned on Friday in a bid to save the digital payments company he shaped into a rare German technology success. Braun’s…