Another Audit Scandal or Systemic Failure?
Auditchain Labs AG, based in Switzerland is about to launch a decentralized financial disclosure and audit infrastructure for issuers of securities and digital assets.
Wirecard Technologies GmbH has entered into agreement with Visa Europe Collab to help fintech companies develop innovative products for the payments sector.
Auditchain Labs AG, based in Switzerland is about to launch a decentralized financial disclosure and audit infrastructure for issuers of securities and digital assets.
Ernst & Young’s blockchain analyzer with its inbuilt Explorer & Visualizer solutions makes it possible for internal audit teams and accountants to search for specific transactions, addresses, and blocks to gather relevant information.
EY subsidiary in Germany has been Wirecard’s trusted auditor and with KfW accounting records under scrutiny by the German government the bank has indicated its readiness to drop EY in order to avoid conflict of interest.
Wirecard has already laid off a number of employees in its Germany office. The company believes that most of its 80 UK employees would be absorbed by Railsbank.
Tap Global lets users convert their crypto into some of the most used fiat currencies: USD, Euro, Pound Sterling, and AUD is coming soon. The conversion happens at the best rates too.
The shares of iQIYI plummeted on Thursday and the after-hours trading following a fraud investigation by the SEC into the Baidu-backed firm.
Embattled payment service company Wirecard (WDI) is set to be ousted from the DAX index following the company’s declaration of insolvency.
Tap Global is authorized and regulated by the Gibraltar Financial Services Commission and insured up to €100 million USD by Lloyd’s of London.
Wirecard Card Services, the UK subsidiary of Wirecard, returns to normal operation after the Financial Conduct Authority (FCA) lifted its ban on the embattled company. WDI stock is up.
In a statement on Friday, a spokesperson for UK FCA said that WCS has been suspended from all regulated financial activities.