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Revolut accountsBBC UK
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74% Informative
Revolut was named in more reports of fraud in the last financial year than any of the major High Street banks.
The e-money firm has amassed more than 45 million customers worldwide.
It almost tripled its revenue to Â1.8bn in 2023 , of which nine million are in the UK .
Panorama investigates the stories of Revolut customers who say scammers took tens of thousands of pounds from their accounts.
Fraud is a problem for all banks and scams continue to net hundreds of millions even while the technology to defeat them improves.
In 2023 the Financial Ombudsman Service received about 3,500 complaints about the bank.
Treasury says the decision on whether to grant Revolut a banking license lies with independent regulators.
Regulators declined to comment to Panorama .
The bank says it abides by the same standards as any High Street bank.
It says it cut fraud by 20% last year but acknowledges âthere is always more to doâ..
VR Score
70
Informative language
65
Neutral language
73
Article tone
informal
Language
English
Language complexity
51
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
1
Source diversity
1
Affiliate links
no affiliate links