Latest news with #Payone
Telegraph
6 days ago
- Entertainment
- Telegraph
White female boss dressed as Whoopi Goldberg for Oscars-themed work party
A white female executive racially harassed her black colleague when she dressed up as Whoopi Goldberg from Sister Act at an Oscar-themed work party, a tribunal heard. Jerry Logo said he experienced an 'immediate rush of anxiety' when he saw Agnes Ganswindt wearing the costume from the 1992 comedy with her face painted black at the office Christmas get-together. The accounts manager told a tribunal that it made him think of the 'dehumanisation' of black people, which caused him to suffer a panic attack. A panel found that Miss Ganswindt, a customer service agent, was 'genuinely unaware' that a white woman dressing up as a black actress might be offensive to someone who is black. Mr Logo sued for racial harassment, but his case was dismissed because he had brought the case four years after the event took place. But after hearing how his employers themselves agreed the 'black-face' event did constitute harassment, an appeal judge has now ruled that the claim should be reheard. The employment appeal tribunal (EAT) heard that Mr Logo started working in the UK for German payments firm Payone in November 2016 as an accounts manager. Some four days after he started work, while at the company's Frankfurt office for induction training, the business held a Christmas party themed as Oscars night. The tribunal said: 'Miss Ganswindt, who is white, attended the event dressed as the character played by Whoopi Goldberg in the Sister Act films.' 'Immediate rush of anxiety' Mr Logo said he felt an 'immediate rush of anxiety' when he saw the person, who he later realised was Miss Ganswindt, in 'black face paint'. The earlier employment tribunal hearing, which took place in Watford in 2023, was overseen by employment Judge Judith George. She said that the panel accepted that not only had Miss Ganswindt chosen the costume before she met Mr Logo, but she was also not aware that he would be in attendance. The judge said the black-face did occur, adding: 'It is conceded by [PayOne] that this incident would amount to race-related harassment on the basis of the unwanted conduct causing the harassing effect, and we accept that it does. '[Mr Logo] argued that this incident was harassment because Miss Ganswindt had the purpose of creating the harassing effect. 'We accept, after careful consideration, that she was genuinely unaware that a black British person would be likely to associate a white woman dressed as a black actress with an offensive and demeaning portrayal of people based on race.'
Reuters
26-06-2025
- Business
- Reuters
Worldline shares regain some ground after Wednesday's 38% fall
June 26 (Reuters) - Worldline ( opens new tab shares recovered some of their losses in early trade on Thursday, after allegations by a media consortium sent the payments group's stock falling by 38% on Wednesday, wiping out 500 million euros ($585 million) of its market value. A group of 21 European media outlets on Wednesday alleged Worldline continued doing business with merchants that German regulator BaFin had banned its German subsidiary Payone from working with in 2023 for failing to comply with anti-money laundering and anti-fraud requirements. In response to the reports, the French company said that, since 2023, it had strengthened merchant risk controls and terminated non-compliant client relationships. ($1 = 0.8549 euros)
Yahoo
26-06-2025
- Business
- Yahoo
Worldline shares regain some ground after Wednesday's 38% fall
(Reuters) -Worldline shares recovered some of their losses in early trade on Thursday, after allegations by a media consortium sent the payments group's stock falling by 38% on Wednesday, wiping out 500 million euros ($585 million) of its market value. A group of 21 European media outlets on Wednesday alleged Worldline continued doing business with merchants that German regulator BaFin had banned its German subsidiary Payone from working with in 2023 for failing to comply with anti-money laundering and anti-fraud requirements. In response to the reports, the French company said that, since 2023, it had strengthened merchant risk controls and terminated non-compliant client relationships. ($1 = 0.8549 euros) Sign in to access your portfolio
Yahoo
26-06-2025
- Business
- Yahoo
Worldline shares regain some ground after Wednesday's 38% fall
(Reuters) -Worldline shares recovered some of their losses in early trade on Thursday, after allegations by a media consortium sent the payments group's stock falling by 38% on Wednesday, wiping out 500 million euros ($585 million) of its market value. A group of 21 European media outlets on Wednesday alleged Worldline continued doing business with merchants that German regulator BaFin had banned its German subsidiary Payone from working with in 2023 for failing to comply with anti-money laundering and anti-fraud requirements. In response to the reports, the French company said that, since 2023, it had strengthened merchant risk controls and terminated non-compliant client relationships. ($1 = 0.8549 euros) Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
