Author: Panorama team

Revolut, a digital-only financial institution, faces scrutiny after a man had £165,000 stolen from his account by fraudsters, raising concerns about the company’s security measures. While Revolut claims to take fraud seriously, reports show an increase in fraud complaints involving the company compared to major high street banks. The rise of digital banks like Revolut, with quick account openings and attractive features, has appealed to millions of customers globally, but concerns about security and fraud persist. One customer, Jack, fell victim to a scam where criminals bypassed security measures to siphon money from his account. Despite seeking help from Revolut,…