Tag: BaFin

Clearhaus Launches Denmark’s First PayFac Acquiring Model — But Unzer’s Compliance History Still Matters

Compliance Charlene Lensburg -
Clearhaus, the Danish acquirer owned by Unzer, says it has become the first Danish acquirer to launch a Payment Facilitator (PayFac) solution. The move is strategically important: it lets regulated platforms embed card acquiring directly into their own products while Clearhaus stays in the background as the licensed acquirer. A short FinTelegram analysis.

Wirecard Troubles in Germany – Class actions against the company and auditor EY adding to BaFin investigations

Compliance tamir -
Not surprisingly, the turbulent times do not seem to be coming to an end soon for Wirecard. Already 2019 was dominated by accusations of balance sheet manipulation, shabby business practices, and compliance issues which were raised primarily by the Financial Times. Founder and CEO Markus Braun has always strictly rejected the accusations. Wirecard filed lawsuits and criminal complaints against the critics.

German fintech unicorn N26 caught with anti-money laundering issues

Compliance tamir -
In April 2019, German media outlets reported on a money laundering case around the German Fintech Startup N26. According...

The Wirecard Case – German Watchdog Files Criminal Complaint Against Financial Times Journalists

Binary Options tamir -
The stock of the German FinTech giant Wirecard does not come to rest. Following reports by the Financial Times...

Thank You, BaFin! German Watchdog Orders StronIT and Postbank To Return Money To Investors Of Illegal Broker Schemes Like Bluetrading

Uncategorized tamir -
The EFRI & FinTelegram campaign against illegal Payment Services Providers (PSP) is gaining momentum. BaFin has responded to the...

New Unauthorized Payment Services Providers In Illegal Broker Schemes Exposed

Cybercrime tamir -
FinTelegram and EFRI recently launched the EFRI PSP Class Action Campaign to uncover payment service providers (PSPs) that support...

Investor Warning OmegaPro – USI Tech With Fake Bank Certificates

OmegaPro tamir -
FinTelegram just recently reported about the new OMEGAPRO FOREX Trading project of the two MLM and Network Marketing perpetrators...

The Court Cases around envion AG And Its Founders

Envion tamir -
Since the beginning of our envion EFRI initiative and in the interest of the many token holders who have...

BAFIN AND GERMAN POLICE WARN AGAINST ONLINE TRADING FRAUD

Binary Options tamir -
Reads as if it's a national effort to fight online trading fraud. Finally! Even the German authorities are now...

GERMAN BAFIN ISSUES INVESTOR WARNING AGAINST GERMAN CRYPTO SCHEME PLATINCOIN

Crypto-Mining tamir -
The German financial market supervisory authority BaFin has issued an investor warning against PLATINCOIN (www.platincoin.com). BaFin's statement points out...

GERMAN BAFIN PLANS TO PERMANENTLY BAN BINARY OPTIONS

Binary Options tamir -
In recent months and years, investor complaints about fraud in binary options have become more frequent. Unregulated providers such...

THE ENVION CAUSA: AUTHORITIES ALLEGEDLY ORDER LIQUIDATION

Envion tamir -
The German law firm CLLB represents several disappointed investors from the ENVION ICO. On 25 November 2018, CLLB partner...