Kfw news and trends

German Bank Raided Over $117M Wirecard Loan

September 29, 2020
German Bank Raided Over $117M Wirecard Loan
KfW Sends $5.4B In Error Due To Technical Glitch
Security & Fraud // March 27, 2017

KfW, a state-owned bank in Germany, has mistakenly transferred more than $5.4 billion to four banks due to a technical glitch. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe...

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German Bank Raided Over $117M Wirecard Loan

September 29, 2020
A team of police and investigators raided the headquarters of KfW, a German state-owned development bank, over a 100 million euro ($117 million) loan it made to Wirecard, the Financial Times (FT) reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no […]

KfW Sends $5.4B In Error Due To Technical Glitch

March 27, 2017
KfW, a state-owned bank in Germany, has mistakenly transferred more than $5.4 billion to four banks due to a technical glitch. Get the Full Story Complete the form to unlock this article...