Finance Breaking news IDnow acquires Wirecard Communication Services last financial news

Breaking-Finance.Com - The fire sale of Wirecard assets continues apace, with digital identity firm IDnow picking up the disgraced German firm's Communication Services unit.

Finance Breaking news IDnow acquires Wirecard Communication Services last financial news

Breaking-Finance.Com - The fire sale of Wirecard assets continues apace, with digital identity firm IDnow picking up the disgraced German firm's Communication Services unit.

Finance Breaking news IDnow acquires Wirecard Communication Services last financial news
01 September 2020 - 13:45

Breaking-Finance.Com - The fire sale of Wirecard assets continues apace, with digital identity firm IDnow picking up the disgraced German firm's Communication Services unit. The acquisition is intended to enhance the service quality of IDnow's suite of digital verification products at a time when the Covid-19 pandemic is driving more businesses and consumers online.IDnow says it will retain the Leipzig location of the Wirecard unit, preserving the majority of the 150 employees.“With the integration of Wirecard Communication Services into the IDnow Group, we are seizing the opportunity to further improve our range and service quality for our customers," says Andreas Bodczek, CEO of IDnow.

. We are on a strong growth path and will maintain and further develop the Leipzig location.”The Communications arm is not the only part of Wirecard under the hammer - administrators have also offloaded the company's Brazilian unit to PagSeguro Digital and agreed terms for the sale of the UK Card Services business to Railsbank. Talks to sell Wirecard North America are also said to be advanced.

Source = Breaking-Finance.Com

Financial breaking news

This news 28 hits received.

Finance Breaking news IDnow acquires Wirecard Communication Services last financial news


Finance Breaking news IDnow acquires Wirecard Communication Services last financial news


Finance Breaking news IDnow acquires Wirecard Communication Services last financial news


Finance Breaking news IDnow acquires Wirecard Communication Services last financial news

COMMENTS

  • 0 Comment
MAY INTEREST YOU x
Finance Breaking news Medici takes controlling stake in Caribbean blockchain outfit Bitt last financial news
Finance Breaking news Medici takes controlling stake in Caribbean...
Finance Breaking news ECB blames third-party network device for Target2 collapse last financial news
Finance Breaking news ECB blames third-party network device for...