banking

  • Revolut’s US payment flaws allowed thieves to steal $20mn

    Siddharth Venkataramakrishnan and Akila Quinio writing Financial Times: A flaw in Revolut’s payment system in the US allowed criminals to steal more than $20mn of its funds over several months last year before the company could close the loophole, according to multiple people with knowledge of the episode. […] The problem stemmed from differences between European and US payment…