Revolut to review internal systems following BoE order, report
The Bank of England ordered a review of Revolut's product approval processes which will be carried out by a team of experts.
Read more (2 min) →Results for Banking
38 stories, newest first
Bank stocks crashed by $22 billion after AI access scare
Major banks lost $22.8B in combined market capitalization after reports of customers giving AI access to accounts spooked investors.
Google Cloud outage takes down Revolut, Lloyds, and HSBC
An issue with Google Cloud's London-based data center has caused a major outage impacting the services of multiple banks.
What we know about the Revolut customer data leak
Revolut claims its systems and customer funds are unaffected and says that it's contacted impacted individuals to provide support.
Bitcoin dropped to $0.019 on Revolut today
Online banking platform Revolut blamed issues with a "third-party provider" as it showed a drop in BTC's price from $79K to just $0.019 today.
UK banking bug gives customers the blockchain experience
For 20 minutes, the glitch allowed customers from Lloyds, Halifax, and the Bank of Scotland to view the banking activity of other users.
Chinese banks freeze accounts over crypto memos
Chinese nationals are reporting that putting "Bitcoin," “Dogecoin” or “USDT” in the memo field of a transfer causes the account to be frozen.
Michael Saylor doesn’t believe BTC is digital money
Michael Saylor has a new definition of digital money, and it is not BTC. Conveniently, it’s also a sales pitch for STRC.
What the hell is happening at Evolve Bank and Trust?
Former Evolve Bank and Trust CEO Robert Hartheimer has reportedly been arrested for possession of child pornography.
Why Saylor’s STRC isn’t really a money market or bank account
Speaking about STRC, Saylor said, "Everybody in the world would love to have a high yield bank account that yielded 10%."