Main content

Britain’s Newest Bank: How Safe Is Your Money?

Reporter Catrin Nye investigates the stories of Revolut customers who say scammers took tens of thousands of pounds from their accounts, and that Revolut failed to protect them.

Revolut is a UK business success story. Founded almost a decade ago and offering online payments and foreign currency services, it’s expanded rapidly and is now valued at around Β£35 billion. Revolut was granted a provisional banking licence in the summer of 2024, but it’s also the financial ombudsman’s most-complained-about financial institution for fraud.

Reporter Catrin Nye investigates the stories of Revolut customers who say scammers took tens of thousands of pounds from their accounts and that Revolut failed to protect them. Revolut says it takes fraud β€˜incredibly seriously’ and that it has invested heavily in both detecting fraudulent activity and preventing its customers from being embezzled.

9 months left to watch

28 minutes

Last on

Sun 20 Oct 2024 16:30
ΒιΆΉΤΌΕΔ News except UK & UK HD

More episodes

Previous

October 7th: One Year On

Next

Lucy Letby: Unanswered Questions

See all episodes from Panorama

Credits

Reporter Catrin Nye
Editor Karen Wightman
Executive Producer Talia Franco
Executive Producer Simon Hancock
Executive Producer Leo Telling
Producer Sam Goss
Director Benjamin Barfoot

Broadcasts

Explore the wider challenges that people with a learning disability face in society, and how this impacts on their health

Find out more with The Open University.