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Britain鈥檚 Newest Bank: How Safe Is Your Money?

Reporter Catrin Nye investigates the stories of Revolut customers who say scammers took tens of thousands of pounds from their accounts, and that Revolut failed to protect them.

Revolut is a UK business success story. Founded almost a decade ago and offering online payments and foreign currency services, it鈥檚 expanded rapidly and is now valued at around 拢35 billion. Revolut was granted a provisional banking licence in the summer of 2024, but it鈥檚 also the financial ombudsman鈥檚 most-complained-about financial institution for fraud.

Reporter Catrin Nye investigates the stories of Revolut customers who say scammers took tens of thousands of pounds from their accounts and that Revolut failed to protect them. Revolut says it takes fraud 鈥榠ncredibly seriously鈥� and that it has invested heavily in both detecting fraudulent activity and preventing its customers from being embezzled.

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28 minutes

Last on

Sun 20 Oct 2024 16:30
大象传媒 News except UK & UK HD

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Reporter Catrin Nye
Editor Karen Wightman
Executive Producer Talia Franco
Executive Producer Simon Hancock
Executive Producer Leo Telling
Producer Sam Goss
Director Benjamin Barfoot

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