Wednesday, September 11, 2024

A surge in scams poses a serious image problem for Revolut, which faces more complaints than its large UK rivals about authorized push payment scams (Aisha S Gani/Bloomberg)

Aisha S Gani / Bloomberg:
A surge in scams poses a serious image problem for Revolut, which faces more complaints than its large UK rivals about authorized push payment scams  —  The $45 billion challenger bank says it's committed to tackling online fraud as it seeks ‘exponential’ growth.



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New York City-based Current, which manages a consumer fintech platform, raised an $80M Series E at a $1.5B valuation led by Springcoast Partners (FinSMEs)

FinSMEs : New York City-based Current, which manages a consumer fintech platform, raised an $80M Series E at a $1.5B valuation led by Spr...