Wirecard

BCcard secures a strong foothold in Vietnam's card payments market

Retrieved on: 
Thursday, June 17, 2021
Money, Financial services, Finance, Merchant services, Payment systems, Online payments, Wirecard, Payment terminal, Acquiring bank

SEOUL, South Korea, June 16, 2021 /PRNewswire/ --BCcard (CEO Choi Won-Seok), the biggest card payment acquirer in South Korea announced that it has acquired a 100% stake in Vietnamese POS terminal distributor Wirecard Vietnam1securing a strong foothold in Vietnam's card payments market.

Key Points: 
  • SEOUL, South Korea, June 16, 2021 /PRNewswire/ --BCcard (CEO Choi Won-Seok), the biggest card payment acquirer in South Korea announced that it has acquired a 100% stake in Vietnamese POS terminal distributor Wirecard Vietnam1securing a strong foothold in Vietnam's card payments market.
  • Wirecard Vietnam, which had been acquired by BCcard, has the largest market share in the country, supplying payment terminals to more than 40 major Vietnamese banks and electronic payment companies.
  • This company is not only engaged in the distribution business, but also possesses exceptional software development capabilities.
  • Meanwhile, BCcard has been collaborating with various payment institutions such as NAPAS2, LienVietPostBank3, and Sacombank4 to digitize the Vietnamese payments market since 2017.

DGAP-News: K&E Treuhand GmbH: Wirecard AG (in Administration) - First Status Report Available

Retrieved on: 
Friday, May 21, 2021
Online payments, Wirecard, States of Germany, Finance, Money, Debt, Insolvency, Berlin Brandenburg Airport

b"The issuer is solely responsible for the content of this announcement.\nThe administrator has provided their first status report on the progress of Wirecard AG's insolvency proceedings (FN 1542 IN 1308/20).

Key Points: 
  • b"The issuer is solely responsible for the content of this announcement.\nThe administrator has provided their first status report on the progress of Wirecard AG's insolvency proceedings (FN 1542 IN 1308/20).
  • The report spans the period from 19 November 2020 until 18 May 2021.\nNoteholders are invited to request the report from the common representative upon delivery of up-to-date evidence of holdings.
  • The common representative will not assess whether or not the report in fact contains any such information or sweep the report from (potential) such information.\nPlease further note that the report is currently only available in German.
  • Please reach out under [email protected] if you want to receive a notice once the translation is available.\n"

PT Kreasi Teknologi Makmur has agreed to purchase all shares of PT Wirecard Technologies Indonesia from Wirecard Group

Retrieved on: 
Wednesday, April 14, 2021
Wirecard, Companies, Li, Economy

b'JAKARTA, Indonesia, April 14, 2021 /PRNewswire/ --On 12 April 2021, PT Kreasi Teknologi Makmur (KTM) has signed an agreement with Wirecard Group entities to purchase all shares of PT Wirecard Technologies Indonesia (WDTI) including its newly established Malaysian subsidiary Wide Technologies (Malaysia) Sdn Bhd.

Key Points: 
  • b'JAKARTA, Indonesia, April 14, 2021 /PRNewswire/ --On 12 April 2021, PT Kreasi Teknologi Makmur (KTM) has signed an agreement with Wirecard Group entities to purchase all shares of PT Wirecard Technologies Indonesia (WDTI) including its newly established Malaysian subsidiary Wide Technologies (Malaysia) Sdn Bhd.
  • The closing of this transaction is subject to certain customary closing conditions.\nWDTI is a leading provider of digital software products for banks in Indonesia, Malaysia and other Southeast Asian countries.
  • KTMis backed by a large Indonesian-based conglomerate with more than 50 companies, subsidiaries, and affiliates worldwide.\nPT Wirecard Technologies Indonesia (WDTI), former PT Aprisma Indonesia is specialized on providing high-performant and complex end-to-end solutions for corporate and retail banking in Southeast Asia.
  • Headquartered in Jakarta, Indonesia, with presence in Kuala Lumpur, Malaysia, WDTI has an experienced team of over 350 software professionals.\n'

Press release - Wirecard: MEPs call for new audit rules, protection for whistle-blowers and EU supervision

Retrieved on: 
Wednesday, March 24, 2021
Companies, Articles, Wirecard, Civil rights and liberties, Ernst & Young, Matthias Hauer, Whistleblower, Money laundering, Wirecard scandal, James Freis

(DWS) and Matthias Hauer, member of the Deutsche Bundestag (MdB) and member of the Committee of Inquiry on Wirecard.

Key Points: 
  • (DWS) and Matthias Hauer, member of the Deutsche Bundestag (MdB) and member of the Committee of Inquiry on Wirecard.
  • Numerous members called for EU supervision to be enforced more effectively and better implementation of the existing laws, in particular those on anti-money laundering and banking supervision.
  • MEPs from both committees asked numerous questions about provisions that allow shareholders, supervisors and journalists to access information.
  • The Financial Times (FT) has reported inconsistencies in Wirecard accounting since 2015, and whistleblower allegations of fraud followed in 2019.

ESMA proposes improvements to Transparency Directive after Wirecard case

Retrieved on: 
Thursday, March 4, 2021
Feminine given names, European Union, Government, Banking in Germany, Federal Financial Supervisory Authority, Wirecard, European Securities and Markets Authority, Esma, Transparency Directive

03 March 2021

Key Points: 
  • 03 March 2021

    Corporate Disclosure

    Guidelines and Technical standards

    Supervisory convergence

    Transparency

    The European Securities and Markets Authority (ESMA), the EUs securities markets regulator, has written to the European Commission (EC) with its proposals to improve the Transparency Directive (TD) following the Wirecard case.

  • In addition, the letter addresses some of the deficiencies encountered when conducting the ESMA Peer Reviews on the application of Guidelines on Enforcement of financial information in 2017 and in the context of the Wirecard case.
  • Background

    In November 2020 ESMA published the results of its Peer Review which assessed the events leading to the collapse of Wirecard and the supervisory response by BaFin and the Financial Reporting Enforcement Panel.

  • In July 2017 ESMA published the results of its Peer Review on the application of ESMA Guidelines on enforcement of financial information.

ESMA proposes improvements to Transparency Directive after Wirecard case

Retrieved on: 
Wednesday, March 3, 2021
Feminine given names, European Union, Government, Banking in Germany, Federal Financial Supervisory Authority, Wirecard, European Securities and Markets Authority, Esma, Transparency Directive

03 March 2021

Key Points: 
  • 03 March 2021

    Corporate Disclosure

    Guidelines and Technical standards

    Supervisory convergence

    Transparency

    The European Securities and Markets Authority (ESMA), the EUs securities markets regulator, has written to the European Commission (EC) with its proposals to improve the Transparency Directive (TD) following the Wirecard case.

  • In addition, the letter addresses some of the deficiencies encountered when conducting the ESMA Peer Reviews on the application of Guidelines on Enforcement of financial information in 2017 and in the context of the Wirecard case.
  • Background

    In November 2020 ESMA published the results of its Peer Review which assessed the events leading to the collapse of Wirecard and the supervisory response by BaFin and the Financial Reporting Enforcement Panel.

  • In July 2017 ESMA published the results of its Peer Review on the application of ESMA Guidelines on enforcement of financial information.

DGAP-News: K&E Treuhand GmbH: WIRECARD AG (IN ADMINISTRATION) - NOTICE REGARDING A VOTE WITHOUT MEETING / SOLICITATION TO VOTE by the common noteholder representative

Retrieved on: 
Friday, February 26, 2021
Companies, Wirecard, Gesellschaft mit beschränkter Haftung, Articles

K & E Treuhand GmbH in its capacity as common representative (the "Common Representative") of the holders of the EUR 500,000,000 0.5% notes maturing on 11 September 2024 (ISIN DE000A2YNQ58, Common Code 205218076, WKN A2YNQ5) (the "Noteholders") issued by Wirecard AG in Insolvenz (i.e.

Key Points: 
  • K & E Treuhand GmbH in its capacity as common representative (the "Common Representative") of the holders of the EUR 500,000,000 0.5% notes maturing on 11 September 2024 (ISIN DE000A2YNQ58, Common Code 205218076, WKN A2YNQ5) (the "Noteholders") issued by Wirecard AG in Insolvenz (i.e.
  • in administration), Aschheim (registered with the commercial register of the local court of Munich under HRB 169227) invites the Noteholders to vote on certain proposed authorizations and instructions to the Common Representative.
  • The Solicitation Memorandum together with a registration form, voting form, proxy form, and further information is available on www.ketreuhand.com/wirecard and on https://www.wirecard.com/mandatory-capital-market-information/anleihe/.
  • 26.02.2021 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.

TRIT 4-DAY DEADLINE ALERT: Hagens Berman, National Trial Attorneys, Notifies Triterras (TRIT) Investors of Application Deadline in Securities Fraud Action, Encourages Investors with Significant Losses to Contact the Firm

Retrieved on: 
Monday, February 15, 2021
Wirecard, Steve Berman, Securities fraud, Companies, Articles, Economy

SAN FRANCISCO, Feb. 15, 2021 (GLOBE NEWSWIRE) -- Hagens Berman urges Triterras, Inc. (NASDAQ: TRIT) investors with significant losses to submit your losses now .

Key Points: 
  • SAN FRANCISCO, Feb. 15, 2021 (GLOBE NEWSWIRE) -- Hagens Berman urges Triterras, Inc. (NASDAQ: TRIT) investors with significant losses to submit your losses now .
  • A securities fraud class action has been filed and certain investors may have valuable claims.
  • Most recently, on Jan. 14, 2021, Phase 2 Partners published a report entitled Is Triterras (TRIT) the Wirecard of Blockchain?
  • Hagens Berman is a national law firm with nine offices in eight cities around the country and eighty attorneys.

TRIT 8-DAY TRIT DEADLINE ALERT: Hagens Berman Alerts Triterras (TRIT) Investors to Application Deadline in Securities Fraud Action, Encourages Investors with Significant Losses to Contact the Firm

Retrieved on: 
Thursday, February 11, 2021
Wirecard, Steve Berman, Securities fraud, Companies, Articles, Economy

SAN FRANCISCO, Feb. 11, 2021 (GLOBE NEWSWIRE) -- Hagens Berman urges Triterras, Inc. (NASDAQ: TRIT) investors with significant losses to submit your losses now .

Key Points: 
  • SAN FRANCISCO, Feb. 11, 2021 (GLOBE NEWSWIRE) -- Hagens Berman urges Triterras, Inc. (NASDAQ: TRIT) investors with significant losses to submit your losses now .
  • A securities fraud class action has been filed and certain investors may have valuable claims.
  • Most recently, on Jan. 14, 2021, Phase 2 Partners published a report entitled Is Triterras (TRIT) the Wirecard of Blockchain?
  • Hagens Berman is a national law firm with nine offices in eight cities around the country and eighty attorneys.

HAGENS BERMAN Invites Triterras (TRIT) Investors to Contact Firm, Analyst Calls TRIT Wirecard of Blockchain, Lawsuit Filed

Retrieved on: 
Monday, January 25, 2021
Wirecard, Steve Berman, Securities fraud, Companies, Articles, Economy

SAN FRANCISCO, Jan. 25, 2021 (GLOBE NEWSWIRE) -- Hagens Berman urges Triterras, Inc. (NASDAQ: TRIT) investors with significant losses to submit your losses now .

Key Points: 
  • SAN FRANCISCO, Jan. 25, 2021 (GLOBE NEWSWIRE) -- Hagens Berman urges Triterras, Inc. (NASDAQ: TRIT) investors with significant losses to submit your losses now .
  • A securities fraud class action has been filed and certain investors may have valuable claims.
  • Most recently, on Jan. 14, 2021, Phase 2 Partners published a report entitled Is Triterras (TRIT) the Wirecard of Blockchain?
  • Hagens Berman is a national law firm with nine offices in eight cities around the country and eighty attorneys.