EY reportedly warned Wirecard that a KPMG audit lacked “context”
New reports suggest that Ernst & Young might have stepped in before KPMG published its independent audit of the collapsed FinTech giant Wirecard.
Wirecard executive reportedly hiding in Moscow under GRU protection
Jan Marsalek, former COO of disgraced FinTech Wirecard, is reportedly hiding in Moscow, protected by the Russian secret service.
Hummingbird soars to $8.2m Series A close
Anti-money laundering compliance technology developer Hummingbird RegTech has scored $8.2m in its Series A round.
The value of bitcoin used on the darknet jumped by 65% in Q1 2020
Darknet users have increased the value of their bitcoin transactions, according to new research from Bitfury, the emerging technologies company.
City watchdog hires accountancy firm BDO to assist with Wirecard monitoring
The Financial Conduct Authority (FCA) has tapped a team at accountancy firm BDO to help it monitor beleaguered FinTech Wirecard following the huge scandal.
Bitcoin stakeholders worried Twitter scam puts the cryptocurrency in a bad light
After several high-profile Twitter accounts were compromised in a bitcoin scam, crypto traders worry that it will put the industry in a bad light.
Fraud detection startup Ravelin bags £16.4m in Series C round
Ravelin, the London-based fraud detection startup, has secured £16.4m to fund its expansion into new markets and reach more industries.
Wirecard’s Dublin office raided by police
Irish police raided failed payments technology giant Wirecard's Dublin offices at the end of last week.
Arachnys tapped by contingent resourcing firm Momenta Group to provide KYC and AML services
RegTech Arachnys has signed up to help Momenta Group, the London-based contingent resourcing firm, to bolster its client onboarding and anti-money laundering (AML) efforts.
German prosecutors have arrested the chief executive of Wirecard’s Dubai unit Cardsystems
The highly publicised collapse of Wirecard has taken another turn with German prosecutors having arrested the head of the company's Dubai-based subsidiary.