41+ Wirecard Scandal Timeline. A payment processor, it helps websites collect credit card payments from customers. Wirecard is an insolvent german payment processor and financial services provider at the center of a financial scandal in germany.
The implosion of wirecard doesn't mean there is reason to doubt the accounting of other european fintech companies, but there is shares in wirecard plummeted another 36% on monday morning. The scandal has sent shockwaves through german politics: The following timeline summarizes the developments that lead to the collapse of the company.
A payment processor, it helps websites collect credit card payments from customers.
The following timeline summarizes the developments that lead to the collapse of the company. The suspect, the head of a company. The wirecard scandal is the latest example of such a case. Another executive with bankrupt payment company wirecard has been arrested in germany on suspicion of aggravated fraud, prosecutors said monday.
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