![Wirecard Scars Push Watchdog BaFin to Crack Down on Fintechs](/i/c/c427662a-caef-ac99-3c34-a106fbdb4d4e.webp)
Wirecard Scars Push Watchdog BaFin to Crack Down on Fintechs
The regulator’s letter was scathing, a laundry list of failings ranging from insufficient controls to flawed risk management
2023-11-09 23:56
![Singapore Laundering Case Exposes Gaps in Illicit Money Defenses](/i/c/c9056007-cca2-f67f-b986-59990120b804.webp)
Singapore Laundering Case Exposes Gaps in Illicit Money Defenses
A Singapore money laundering probe involving more than S$1 billion ($740 million) is shining a light on fund
2023-09-05 08:45
![Former Wirecard COO Sends Sign of Life Three Years After Vanishing](/i/c/a097e01d-3081-3879-d1b4-28b81bf59deb.webp)
Former Wirecard COO Sends Sign of Life Three Years After Vanishing
Former Wirecard AG Chief Operating Officer Jan Marsalek contacted a Munich court through his lawyer, the first sign
2023-07-19 02:15
![Singapore Sends Businessman to Jail for Role in Wirecard Fraud](/i/c/831f4b5e-1e72-abb2-d1a3-fa28bce80618.webp)
Singapore Sends Businessman to Jail for Role in Wirecard Fraud
A Singapore judge handed a 12-month prison term to a businessman for conspiring to misappropriate money in the
2023-06-27 11:24
![Singapore Fines DBS, Citi for Breaches in Wirecard Scandal](/i/c/4ed533fa-a0b6-7491-ac31-18aeb131fdcb.webp)
Singapore Fines DBS, Citi for Breaches in Wirecard Scandal
Singapore’s financial regulator imposed penalties amounting to a total of S$3.8 million ($2.8 million) on four financial institutions
2023-06-22 08:58
![Two Ex-Wirecard Asia Employees in Singapore Get Jail Time](/i/c/11417427-13dc-3349-b694-7d0b68cc1534.webp)
Two Ex-Wirecard Asia Employees in Singapore Get Jail Time
Two ex-employees of Wirecard Asia Holdings Pte were handed prison terms in Singapore for their roles in conspiring
2023-06-20 12:48
![Europe’s Economic Engine Is Breaking Down](/i/c/a43f03ed-f118-3e0c-9a6b-8972ef442ccb.webp)
Europe’s Economic Engine Is Breaking Down
Germany has been Europe’s economic engine for decades, pulling the region through one crisis after another. But that
2023-05-26 06:19