The first fully digital VISA card

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What comes after Wirecard - for example Adyen, another FinTech company
Wirecard, Adyen and dozens of FinTechs recognized this early on .... ...

... Everything that is reported about WireCard is (legally) wrong! WireCard is neither a bank nor a real payment service provider, Wirecard is one so-called FinTech, a manufacturer of digital payment software.

Saturday, November 7th, 2020 -... A report by Isaan News experts - ISAAN News and ISAAN LIVE - independent and none political News from the world of politics, financial and sports

Jan Marsalek, Markus Nraun and others have ...

... according to the current laws in Germany, ordinances in Europe and also rules in the USA, they have just taken advantage of the non-existent legal regulation of the modern era. What is not regulated by law cannot be punished .
Panama Papers, CumEx, Wirecard-Adyen etc. what has the government learned from them? Nothing! Candidates for chancellor like Olaf Scholz, legally educated, only used the missing legal regulations for themselves.
This may look like fraud to the normal consumer, but it is not, because there is still no "digital law regulation". Even much worse, the federal government has been fiddling with new laws for years, but has not yet been digitized itself. The nationwide data networks are still on the status of 1995, with old, outdated data servers, without any security according to today's needs, outdated software and a completely incompetent IT administrator network.
It will be years before this state of affairs can be changed, if at all. Disputes between the supposedly democratic parties selfish interests, useless ministers which have not the slightest idea and just as useless consulting firms such as E&Y, PmC etc. which only have profit in mind, but no consultants who are trained. The only thing that counts is the turnover made by the consultants, nothing is contributed to the matter.

Ingenious lawyers, software developers, oligarchs who have millions of resources at their disposal, certain governments that have a political interest in keeping Europe small, especially the Germans who, as written, overslept the digital development, came up with ingenious ideas, the digital payment transactions.
Problem was the banks. Payment transactions have so far only been associated with the term bank, but the banks are just as inflexible as the government, never thought of investing anything, investing in modern infrastructures. The banks' only goal was and is to make profit as quickly and as much as possible.
Digitization means for banks only as many employees as possible to save or to lay off, and to increase the profit. Modern payment methods are not available Agenda of the Board of Directors.
In the meantime, skilled business people were making billions of profits on so-called tax free bank accounts, so much money you had to think about what to do with them.
There were only two considerations, spending on villas, airplanes and private yachts, even whole islands were bought or companies all over the world. Only - the money kept growing, you had to think twice how one could become politically strong with it, Black Rock already existed in the USA and Friedrich Merz was already in Germany. A new approach was needed ...

.... FinTech was born, the age of smartphones, cryptocurrency, bitcoin, blockchain - the age of international financial technology was born ...

Why FinTech - what's behind it?

The regular share business is controlled by banks and is subject to BaFin. Neither money could be laundered here (at least not in the billion-billion segment and certainly not internationally) Certain governments who were sitting on billions of mostly dollars could not invest here. An instrument had to be found that would unobtrusively allow large sums to be shifted, convert it into clean money, preferably euros.
The emphasis is on billions, international, swapping, in clean money and investing at the same time.
US silicon value experts who mainly come from India, Russian geniuses and multi-millionaires came together, Bitcoin was already successful as International and above all anonymous currency in world trade and offered itself for further development to replace traditional financial systems without being a bank, without having a banking license and thus evading the control authorities.
Of course, control authorities like the German Bafin couldn't notice anything, because Bitcoin, for example, was not even mentioned in the regulations, they are/were way too stupid to understand something like that.

What is FinTech - the definition is best in English ....

... the German language lacks words.
Financial technology (abbreviated fintech or FinTech) is the technology and innovation that aims to compete with traditional financial methods in the delivery of financial services. It is an emerging industry that uses technology to improve activities in finance.
The use of smartphones for mobile banking, (something that even today many Banks have not introduced) investing, borrowing services, and cryptocurrency are examples of technologies aiming to make financial services more accessible to the general public. Financial technology companies consist of both startups and established financial institutions and technology companies trying to replace or enhance the usage of financial services provided by existing financial companies. (tryimg to circumvent strictly regulated banks)

A study on the definition of fintech concluded that "fintech is a new financial industry that applies technology to improve financial activities." Fintech is the new applications, processes, products, or business models in the financial services industry, composed of one or more complementary financial services and provided as an end-to-end process via the Internet.
Fintech can also be considered as "any innovative ideas that improve financial service processes by proposing technology solutions according to different business situations, while the ideas could also lead to new business models or even new businesses. "

Financial technology has been used to automate investments, insurance, trading, banking services and risk management
. FinTech is the perfect instrument to invest into technologies worldwide, uncontrolled and easy

One has to look at this

In Europe, $1.5 billion was invested in financial technology companies in 2014, with London-based companies receiving $539 million, Amsterdam-based companies $306 million, and Stockholm-based companies receiving $266 million in investment. After London, Stockholm is the second highest funded city in Europe in the past 10 years. Europe's fintech deals reached a five-quarter high, rising from 37 in Q4 2015 to 47 in Q1 2016.
Lithuania is starting to become a northern European hub for financial technology companies ( very interesting!) since the news in 2016 about the possible exit of Britain from the European Union. Lithuania has issued 51 fintech licenses since 2016, 32 of those in 2017.Remember Jan Marsalek looking East!) Fintech companies in the United States raised $12.4 billion in 2018, a 43% increase over 2017 figures.
Christine Lagarde, Managing Director of the International Monetary Fund addressing in 2018 at the Singapore FinTech Festival ( an Isaan News Reporter was also on the list of speakers!), the largest FinTech festival in the world.
In the Asia Pacific region, the growth will see a new financial technology hub to be opened in Sydney, in April 2015. According to KPMG, Sydney's financial services sector in 2017 creates 9 per cent of national GDP and is bigger than the financial services sector in either Hong Kong or Singapore.
A financial technology innovation lab was launched in Hong Kong in 2015. In 2015, the Monetary Authority of Singapore launched an initiative named Fintech and Information Group** to draw in start-ups from around the world. It pledged to spend $225 million in the fintech sector over the next five years.
While Singapore has been one of the central Fintech hubs in Asia, start ups in the sector from Vietnam and Indonesia have been attracting more venture capital investments in recent years. Since 2014, Southeast Asian Fintech companies have increased VC funding from $35 million to $679 million in 2018 and $1.14 billion in 2019.

** Jan Marsalek and his Oligarch friends were amomg those FinTech Investors in Singapore. As reported by Isaan News, Wirecard was founded first in Singapore, as "Testrun" for Europe and especially Germany

Intersting are the other countries that *highlighted above( participated in FinTech. Countries eithe Socialistic or corrupt, countries with a lot of money to burn.
What made Germany so attractive for WireCard as a fintech?
Quite simply, as already explained, Germany still lives in the "digital stone age" today. The economic miracle flourished, why introduce something new that only costs money. The federal government consisted and still consists of good old Germans who neither understood nor had anything to do with the digital age, thus there were and are no laws or ordinances in which the modern age was regulated. The ideal playground for geniuses like Jan Marsalek and Markus Braun, WireCard Germany founded.
Where there are no laws or regulations, there are also no controls!
BKA, LKA, Verfassungsschutz etc. have not even heard of Bitcoin or FinTech, so you could spread yourself undisturbed over the Internet and the world's first fully digital Develop Visa card, remember, WireCard was developed in Germany by Indian and Russian software experts, aware that German so-called software experts should not notice anything.

The first fully digital VISA card

What was the FinTech concept behind digital payment?
The biggest obstacle was the establishment of a German account with a German bank. The legal regulations required that someone with a German bank wanted to open an account, either has to identify himself personally, has a permanent address in Germany, or a German company etc.
So that was canceled for now. Now FinTech came into play, the new financial technology. Anyone could open an account with Wirecard and get a digital Visa card. On this Visa card you could transfer any amount in any amount without hindrance (at a bank this would only have been Euro 9,999 without being checked)
Since Wirecard was a German company, it was now able to open an account with a German bank in the name of Wirecard Visa, which coincidentally was always the completely legal and separate licensed WireCard Bank. Since the Visa card was recognized in almost all countries in the world, and this was requested via the smartphone with any user data, Anyone could transfer funds to the Visa card unseen and uncontrolled, in any amount, and could then carry out financial transactions completely anonymously or officially.
The perfect system for all kinds of business and finance (example), Marsalek's Soldier Army, or corruption in certain countries.

What went wrong

Actually nothing would have happened ,but that the business came to the public attention through investigative reporters who make everything to a sensation. Wirecard had been legally since 2006 on the list of the public prosecutor's office, only until today they could not prove any unlawful transactions because, and that's the trick, FinTech's are not regulated by law, so they don't officially exist and are not banks.
Jam Marsalek was, as always, a step ahead, and left in good time, because for something innocent to sit in custody would not be his way of business. Markus Braun and Ley were arrested but released again. They knew this in advance, every third class lawyer would have got them out immediately.
Just consider, people like Markus Braun, believes that someone in Germany would pull off something of this size if he was not 100% convinced that in the end you cannot harm him.
Then why didn't he disappear like Marsalek? Quite simply, how can you be better informed about the course of an investigation than being in the middle of it.
His considerations have proven him right, he is free again, although a few million have been frozen in his German bank accounts, it doesn't matter, hundreds of millions are safely invested abroad.


WireCard as FinTech was an ingenious money laundering machine in Germany, completely legal. Their directors haven't broken any laws because there's none for a FinTech. WireCard has other allies like the Dutch Adyen, which continue undisturbed, just from Holland, as well as dozens of other FinTech's which Marsalek and comrades have founded completely legally all over the world. Germany is and will remain in the digital stone age even if recently so-called "Wirecard laws" were announced to be introduced in future. This will take decades or never become a reality, because how could the candidate for chancellor continue to deal with CumEx and Panama Papers, Wirecard? and earn millions completely legally. What would BaFin employees do without the legal "insider trading" with FinTech that is not regulated by law Papers.

WireCard is a pioneer for a new generation of financial instruments and new "WireCards" will come as long as Germany does not leave the digital Stone Ages, wakes up, brilliant managers and free-riders politicians will carry on. The German banks are pre-programmed to fail, systems like China and the USA will Roll over Germany

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