Myanmar Man Arrested for Brutal Murder of Fellow Worker in Phetchabun

[Foxx]

31 minutes ago, Liverpool Lou said:

Revolut is licenced as a bank elsewhere. The UK's not the be-all and end-all of everything.

 

True.  But how much faith would any rational person place in a bank licensed in Lithuania? It's hardly noted for its financial services or top notch regulation.  The mere fact that the Bank of England doesn't see fit to licence it (at least so far) is highly significant.

And please don't ignore the multiple problems with its financial accounts and its poor handling of the victims of sophisticated scams.

[Liverpool Lou]

21 minutes ago, Foxx said:

how much faith would any rational person place in a bank licensed in Lithuania? It's hardly noted for its financial services or top notch regulation.

Is Lithuania noted for its adverse financial services or lax regulation, then?

Edited February 26 by Liverpool Lou

[Foxx]

19 minutes ago, Liverpool Lou said:

Is Lithuania noted for its adverse financial services or lax regulation, then?

 

Yes.  It attracts a disproportionate number of dodgy fintech companies.

[Liverpool Lou]

2 hours ago, Foxx said:

2 hours ago, Liverpool Lou said:

Is Lithuania noted for its adverse financial services or lax regulation, then?

 

Yes.  It attracts a disproportionate number of dodgy fintech companies.

You'd need to back that with something empirical for it to have any credibility.  

[Foxx]

39 minutes ago, Liverpool Lou said:

You'd need to back that with something empirical for it to have any credibility.  

 

No I don't.  I don't owe you anything.  Do your own research.  The evidence isn't too hard to find.

[Liverpool Lou]

34 minutes ago, Foxx said:

1 hour ago, Liverpool Lou said:

You'd need to back that with something empirical for it to have any credibility.  

 

No I don't.  I don't owe you anything.  Do your own research.  The evidence isn't too hard to find.

I didn't say that you owed me anything just that without any back up your claim has no credibility.  If you had anything, you'd have posted it as it's "not hard to find"!

[NanLaew]

Latest news on Revolut isn't very good and indicates that theft by fraud being reported by their UK account holders is almost twice as high as that reported by conventional UK bank customers.

 

https://www.bbc.com/news/articles/c9wkzv1zk91o

 

Looking at this and related stories, the key issue still appears to be people being duped by cold-callers. One complainant says he eventually felt suspicious, but that didn't stop him doing everything the scammers asked.

 

Because Revolut does not have any form of dedicated fraud hot-line outside of reporting via their app, the response is slow and disappointing.

Edited 8 hours ago by NanLaew

[scubascuba3]

1 hour ago, NanLaew said:

Latest news on Revolut isn't very good and indicates that theft by fraud being reported by their UK account holders is almost twice as high as that reported by conventional UK bank customers.

 

https://www.bbc.com/news/articles/c9wkzv1zk91o

 

Looking at this and related stories, the key issue still appears to be people being duped by cold-callers. One complainant says he eventually felt suspicious, but that didn't stop him doing everything the scammers asked.

 

Because Revolut does not have any form of dedicated fraud hot-line outside of reporting via their app, the response is slow and disappointing.

100+ frauds reported to BBC, Revolut and Wise are both difficult to get hold of in a fraud emergency, unlike high street banks

[NanLaew]

2 hours ago, scubascuba3 said:

100+ frauds reported to BBC, Revolut and Wise are both difficult to get hold of in a fraud emergency, unlike high street banks

 

100+ frauds reported to BBC, but thousands reported in total.

 

Looks like twice as much as Monzo but Barclays aren't too far behind. I know already how rubbish Barclays can be just getting normal stuff done, let alone in an emergency.

 

 

 

 

I use them solely for fast transfers. I haven't tested them as a recipient of my client's invoicing yet, but even if I do, that money will simply pass through to conventional banks or make a short-term, low-value "family vacation" or "student allowance" fund.