Payments Theft news and trends

Report: Revolut US Payments Flaw Leads to $20 Million Theft

July 09, 2023
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Report: Revolut US Payments Flaw Leads to $20 Million Theft

July 09, 2023
A flaw in Revolut’s U.S. payment system reportedly let criminals steal more than $20 million. As the Financial Times (FT) reported Sunday (July 9), the thefts occurred over several months in 2022 before the British FinTech was able to fix the issue.   According to FT, sources with knowledge of the situation said the problem resulted from differences between […]