billions of cards are affected

Posted on Monday, August 31, 2020 at 4:32 p.m. Swiss researchers have exploited a vulnerability in the Europay Mastercard Visa standard to show that it was possible to make payments without the card’s pin code. Researchers at the Swiss Federal Institute of Technology in Zurich have discovered a flaw in the Europay MasterCard Visa standard, […]

Ualá, the financial services app that grows in Argentina – A morning for everyone

With the pandemic, many Argentines began to take advantage of the use of technology to carry out procedures without leaving their home. In this context, the fintech -financial company that uses new technologies for activities of this type- Uala, had a great growth during the quarantine. The functionality of payment of services through the app […]

Wirecard-News: Filing for bankruptcy at five subsidiaries

Wirecard The payment service provider faces a loss of customers after the balance sheet scandal. (Photo: Reuters) Düsseldorf The insolvent payment service provider Wirecard has also filed for bankruptcy for five subsidiaries. The Munich District Court announced on Thursday. The insolvency administration takes over as for the parent company Michael Jaffé. The subsidiaries are Wirecard […]

Wirecard-News: Filing for bankruptcy at five subsidiaries

Wirecard The payment service provider faces a loss of customers after the balance sheet scandal. (Photo: Reuters) Düsseldorf The insolvent payment service provider Wirecard has also filed for bankruptcy for five subsidiaries. The Munich District Court announced on Thursday. The insolvency administration takes over as for the parent company Michael Jaffé. The subsidiaries are Wirecard […]

Wirecard is expected to be sold in individual parts

Wirecard So far, apart from the parent company from Aschheim near Munich, hardly any subsidiaries have gone bankrupt. (Photo: Reuters) Frankfurt At least for parts of the insolvent payment processor Wirecard there are interested parties. “A large number of investors from all over the world have already registered who are interested in acquiring the core […]

Wirecard is expected to be sold in individual parts

Wirecard So far, apart from the parent company from Aschheim near Munich, hardly any subsidiaries have gone bankrupt. (Photo: Reuters) Frankfurt At least for parts of the insolvent payment processor Wirecard there are interested parties. “A large number of investors from all over the world have already registered who are interested in acquiring the core […]

Visa and Mastercard, the American giants of the banking transaction that make Europe salivate

An ECB-supported project aims to create a new European payment acceptance system. The challenge is colossal. By Louis Heidsieck The number of transactions made by international operators more than doubled between 2009 and 2016. De Theethawat Bootmata/ Shutterstock The experience can be replicated everywhere, at little cost: open your wallet and take out your bank […]