What’s Next for Wirecard?

The video discusses the acquisition of assets by Veils Bank to stabilize the UK fintech market. It covers liability management, technology evaluation, and the impact of the Wirecard scandal on fintech reputation. The speaker emphasizes their experience and efforts to restore consumer confidence.

What is the primary goal of Veils Bank's acquisition?

• To reduce operational costs

• To increase their technology portfolio

• To stabilize the fintech market in the UK

• To expand into new markets

Which sector is associated with most liabilities in the acquisition?

• Employee management

• Technology sector

• Acquiring business

• Card issuing business

How does Veils Bank plan to minimize legal risks?

• By acquiring more technology

• By buying assets instead of equity

• By hiring more legal experts

• By expanding globally

What percentage of Veils Bank's total technology estate does the acquired technology represent?

• 15%

• 2%

• 10%

• 5%

What impact did the Wirecard scandal have on fintechs in Europe?

• It had no significant impact

• It led to increased investments in fintech

• It boosted consumer confidence

• It set fintechs back compared to traditional banks