Wirecard AG : No proof of fraud according to KMPG, on 3 of the 4 themes of the investigation
>KPMG did not find any substantial problems in India, Singapore and MCA and is not requesting any corrections to the 2016-2017-2018 accounts - Wirecard issued a press release last night to announce that it had been informed by KPMG that the latter had largely completed the special investigation into Wirecard’s commercial activities in India and Singapore and into the Merchant Cash Advance (MCA) / digital lending division. At the current time, these parts of the audit ...Wirecard is engaged in the business of global payment processing, risk management and payment acceptance, as well as card issuing. Co. operates in three segments: Payment Processing & Risk Management, which comprises of products and service for the acceptance or implementation and the downstream processing of electronic payments and the associated processes; Acquiring & Issuing, which includes acceptance (acquiring) and issuing credit cards and prepaid cards, as well as account and payment transaction services; and Call Center & Communication Services, which comprises all of the products and services that address the call centre assisted support of corporate and private customers.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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