The head of Germany's financial watchdog on Thursday called the accounting scandal at Wirecard "a massive criminal act", while Deutsche Bank said it was considering support for the collapsed company's banking unit.
Sixteen banks from Germany, France and three other euro zone countries on Thursday said a "truly European" payments system was expected to be up and running in 2022 to fully digitalise a region where half of all retail payments are still in cash.
Across the river from Delhi's Red Fort, the grim neighbourhood of Seelampur lives off what consumers in the modern world throw away - their broken or obsolete electronic and electrical goods.
Germany's accountancy watchdog has denied blame for failing to spot problems at collapsed payments firm Wirecard, the latest in a string of agencies to shirk responsibility following the country's biggest accounting scandal.
The U.S. Treasury said on Thursday it has agreed on terms for government loans with five U.S. carriers, including American Airlines Group Inc .
U.S. equity funds that were able to best weather the global economic upheaval from the coronavirus pandemic this year are turning to healthcare, e-commerce and electric vehicle stocks as they look ahead to 2021.
LONDON: British police said on Thursday they had carried out their biggest operation ever, arresting "iconic" figures and smashing thousands of conspiracies including murder plots after infiltrating a communications service used by criminals. The National Crime Agency (NCA) said the cracking of ...
THE HAGUE: An encrypted phone network widely used by thousands of criminals has provided police with a "gold mine" of information, leading to numerous arrests, drug seizures and even foiled assassination attempts, French and Dutch authorities said on Thursday. Police from the two countries ...
VILNIUS: Lithuania is about to issue the first central bank-produced digital coin in the euro zone, part of a project to trial state-backed digital currencies and blockchain technology in everyday use. The sharp decline in the use of cash and the prospect of Facebook's 2.5 billion users adopting ......
LONDON: British police said on Thursday they had made a major breakthrough in the fight against serious and organised crime, arresting "iconic" figures and smashing thousands of conspiracies including murder plots. The National Crime Agency (NCA) said the cracking of the encryption used by ...
