UK Politics
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This is a strange bit of public feuding between the government and BoE.
Revolute is an interesting company which might be first to introduce Wero (EU based Visa/Mastercard competitor) to the UK, which is competition we need, but they are also heavily involved with crypto.
I just don’t know who is getting bribed and influenced the most, or in the end what is the best for the people.
@manualoverride @mannycalavera
There's a lot of fraud on Revolut unfortunately.
There is a lot of fraud in general, looks like the majority was due to Revolut’s “virtual cards” which is a new attack vector for fraudsters, and their newness means customers can get confused into falling victim.
The lack of FSCS protection and their attempts to shirk responsibility when fraud occurs is not great, especially when being scrutinised to assess their suitability for a banking licence.