BaFin warns on unauthorised banking site hub-wiser.com
BaFin warned consumers that hub-wiser.com is offering banking, financial and investment services without the required authorisation.
BaFin identified another unauthorised online financial service provider targeting German consumers. Adds to a growing list of unlicensed online operators, reinforcing fraud and consumer protection risk.
Unlicensed online financial services present fraud, AML and reputational risks for banks processing consumer flows to such sites.
Action Required
Block payments to hub-wiser.com and update fraud watchlists and customer scam alerts.
Direct consumer harm warning triggers watchlist and payments screening updates.
Add hub-wiser.com to fraud watchlist. Screen outbound payments and review customer complaints for related exposure.
“BaFin warns consumers that hub-wiser.com is being used to offer banking business, financial and investment services without required authorisation.”
Published: 2026-07-30