Not sure why you're being downvoted. This is common for payments companies where you have to fund another company's bank account or digital wallet or whatever t

Not sure why you're being downvoted. This is common for payments companies where you have to fund another company's bank account or digital wallet or whatever they call it. Otherwise you have to open a bank account and that can be a painful process depending on the country. It's definitely more risky because the funds aren't in your name, but usually you protect yourself by only funding the minimal amount to fund operations for a few days at a time. Still not seeing how Wirecard could have lost the amount they did without some form of scam going on for a longer period of time or they were stealing customer funds to pay for corp expenses and they finally hit the point where they couldn't keep it going any longer.