This article explores the ongoing news that Worldline SA and it’s subsidiary Payone together with their lawyers, Orrick UK (Orrick) offered hush money to a vulnerable former employee of PAYONE. Just imagine the power differential between an unrepresented employee going up against the superior firepower of a global law firm that in addition employs unfair tactics.
The Problem With Hush Money At Work Read More »
In response to a significant downturn in its share value, leading payment services company Worldline has initiated a strategic move by seeking expert advice from banking advisors. The company’s shareholders are expressing concerns, prompting Worldline to proactively devise a robust defense strategy against the looming threat of a potential hostile takeover. In the wake of
Frankfurt, Germany – Payone GmbH, a leading name in the electronic money and payment services sector, is navigating a crucial period of regulatory and leadership changes. Amidst this transformative phase, the company announced Dr. Matthias Böcker’s appointment as Chief Risk Officer (CRO), a move indicative of its renewed focus on compliance and strategic growth. Context
Leadership Changes at Worldline SA Subsidiary Amid Regulatory Challenges Read More »
This article is for informational purposes only and is not intended as financial advice. It provides an overview of recent changes in the CAC 40 index based on available market data as of December 2023.
Worldline Exits CAC 40 as Vivendi Returns: A Shift in the French Stock Market Read More »
The year 2023 has unveiled a series of regulatory and legal challenges for PAYONE GmbH, a notable joint venture of the global payment sector leader, Worldline.
A Dual Dilemma Payone’s Regulatory Hurdles Intensify Worldline’s Financial Struggles Read More »
One year after leaving Payone the employee discovered that the firm did not place those funds in a government backed pension scheme. So where did the money go?! Why did Payone mislead the employee into believing the money was being placed in a pension scheme?
PAYONE And The Pension Concealment Read More »
The Worldline Group hold a 60% stake in the Frankfurt based company who have a small UK market presence. In June 2021, one of Payone GmbH’s ex UK employees (the data subject) received a “potential data breach notification” from the firm advising him that his salary, National Insurance data, nationality was amongst various bits of information sent to an incorrect address.
CARD Payment Firm’s Double Data Blunder Read More »
Just days into a new job at Payone (Worldline subsidiary), I walked into a Christmas party to be confronted by a white colleague who I had been introduced to earlier that day, dressed up as blackface painting. A full array of senior management and HR staff were in attendance as revellers, and it was a baptism of fire for me, having never experienced this at any other previous employer. Besides awkward looks from some people, laughter from others, the HR staff were silent during the event and there has been no apology to those likely to have taken offence.
The Blackface, The Work Christmas Party And Payone (Worldline Subsidiary) Read More »
