Tag: Revolut

Revolut has recently unveiled an innovative artificial intelligence (AI) tool aimed at combating authorised push payment (APP) fraud, a sophisticated scam where criminals deceive individuals into willingly transferring money into fraudulent accounts.

Revolut, a global financial superapp serving over 35 million customers, has significantly expanded its Financial Crime (FinCrime) division, doubling the headcount since 2021.

Revolut, the prominent FinTech player, has successfully negotiated a share deal with its primary backer, SoftBank.

According to PitchBook, the stock prices of public FinTech companies have shown a quicker recovery than the broader market. In the second quarter, these...

Revolut Business has launched its instant and free payments ecosystem RevTag, which aims to challenge Swift in the cross-border payments space.

Revolut has partnered with Game4Ukraine to help raise funds for the reconstruction of a Ukranian school that was struck by missiles in the war

Revolut has revealed that around 62% more money was transferred into Muslim countries during Eid al-Adha, the religion’s largest holiday. 

Revolut faced a security breach, leading to a loss of $20m due to a fault in its payment processing system, as reported by the FT.

In the increasingly competitive InsurTech market, Qover, a pioneering firm specialising in the orchestration of embedded insurance, stands out as it successfully wraps up a $30m Series C funding round.

Revolut and Qover have announced their second collaboration, providing embedded insurance for a new trip and event cancellation cover.