revolut - Tech News from Simmons Systems

Tech News from Simmons Systems

revolut

A collection of 5 posts

Revolut Reveals Breach After Attacker Impersonates Government Agency

Fintech giant Revolut is disclosing a data breach after an attacker impersonating a government agency successfully requests sensitive customer information via email. The company says the request carries valid domain authentication credentials, leading staff to fulfill it under the reasonable belief that it is legitimate. Revolut, which serves more than

Revolut Lays Off 60 Workers Amid Coronavirus Financial Strain

Digital banking startup Revolut confirms the redundancy of 60 employees as the economic impact of the coronavirus pandemic forces operational changes.

Revolut Cuts 60 Jobs as Pandemic Pressures Challenge Profit Goals

UK digital bank Revolut lays off 60 employees as COVID-19 forces cost-saving measures. The $5.5 billion company still aims to achieve profitability this year despite the economic downturn.

Robinhood Wins U.K. Regulatory Approval to Challenge Local Fintechs

Robinhood receives authorization from the Financial Conduct Authority to operate as a broker in the U.K. The Silicon Valley trading app gears up for a London launch to compete against local rivals like Freetrade and Revolut.

Tesla Shifts to Online Sales as Tech Industry Seeks New Strategies

Tesla closes most retail stores to cut costs and enable cheaper Model 3 pricing. Other tech giants like Twitter, Amazon, and TiVo also make major strategic shifts this week.