No Result
View All Result

Best-read stories

molecular biology
Health

Future of molecular cytogenetics to reach $ 2.5 billion by 2026

by Evie Hughes
2nd August 2022
18

Explore the molecular biology, its growth potential, and methodologies

Read more
investment for women

Fund manager required for higher education and female empowerment programme

30th July 2022
47
applications of synthetic biology

Synthetic biology: overview and growth

31st July 2022
40
roman abramovich yachts

Roman Abramovich superyachts on the move

27th July 2022
155
EA Sports launch new FIFA 20 campaign with adam&eveDDB

EA Sports launch new FIFA 20 campaign with adam&eveDDB

30th September 2019
340
Yanmar Invests $21M in GetMyBoat as part of Series B funding to drive digital transformation

If Apple, Microsoft and Amazon were countries – rank top 10 richest nations

31st March 2022
400
Top 10 in Tech: London’s most valuable Real Estate startups

Property Store simplifies property management

11th April 2022
476
Accountancy firm plans to multiply its workforce

Accountancy firm plans to multiply its workforce

11th April 2022
434
Retail
Monday, August 8, 2022
Write for us
  • Home
  • Entertainment
  • Property
  • Consumer
  • Finance
  • Technology
  • Travel
  • Ecommerce
  • Health
  • Leisure
  • Media
Headline Bulletin
No Result
View All Result
Home Finance

Fintech firm Revolut hit by ‘nightmare’ week

by Evie Hughes
6th March 2019
Reading Time: 1 min read
Fintech firm Revolut hit by 'nightmare' week

Digital bank Revolut has experienced a week from hell amid questions over its new sanction screenings and an expose in a tech magazine which saw employees accuse the fintech firm of having a ‘toxic culture’.

Revolut has grown rapidly as a disruptor in the financial services space by offering card holders fee-free foreign currency transactions, ATM withdrawals and bank transfers.

YOU MAY ALSO LIKE

kraken exchange us treasury

Kraken under investigation by US Treasury on alleged sactions violations

28th July 2022
67
warehouse scotland

Glasgow-based Dimensions Scotland secures funding to double staff

24th July 2022
87

But just last week the Telegraph alleged that Revolut turned off sanction screening software, which the challenger bank strongly denies.

The company hit back in an open letter published Friday.

“At no point during this time did we fail to meet our legal or regulatory requirements,” said CEO Nik Storonsky in the letter.

“We conducted a thorough review of all transactions that were processed during this time, which confirmed that there were no breaches.”

Just days later former Revolut employees at both senior and junior levels described an environment of unpaid work, unachievable targets and high-staff turnover to Wired.

To top it all off, finance chief Peter O’Higgins quit last week amid growing concerns over the way the business is run.

Tags: Fintech
ShareTweetShare

Related Posts

kraken exchange us treasury
Cryptocurrency

Kraken under investigation by US Treasury on alleged sactions violations

28th July 2022
67
warehouse scotland
Finance

Glasgow-based Dimensions Scotland secures funding to double staff

24th July 2022
87
shiba inu coin price
Cryptocurrency

Shiba Inu price experiences 31% increase

22nd July 2022
64
singapore crypto regulations
Cryptocurrency

Singapore central bank chief on controversial crypto firms

19th July 2022
53
financial planning software uk
Finance

Reading-based financial planning software secures investment for expansion

17th July 2022
66
The Citation Group CEO, Chris Morris
Technology

The Citation Group acquires Lancaster cybersecurity company

15th June 2022
712
No Result
View All Result

Best-read stories

molecular biology
Health

Future of molecular cytogenetics to reach $ 2.5 billion by 2026

by Evie Hughes
2nd August 2022
18

Explore the molecular biology, its growth potential, and methodologies

Read more
investment for women

Fund manager required for higher education and female empowerment programme

30th July 2022
47
applications of synthetic biology

Synthetic biology: overview and growth

31st July 2022
40
roman abramovich yachts

Roman Abramovich superyachts on the move

27th July 2022
155
EA Sports launch new FIFA 20 campaign with adam&eveDDB

EA Sports launch new FIFA 20 campaign with adam&eveDDB

30th September 2019
340
Yanmar Invests $21M in GetMyBoat as part of Series B funding to drive digital transformation

If Apple, Microsoft and Amazon were countries – rank top 10 richest nations

31st March 2022
400
Top 10 in Tech: London’s most valuable Real Estate startups

Property Store simplifies property management

11th April 2022
476
Accountancy firm plans to multiply its workforce

Accountancy firm plans to multiply its workforce

11th April 2022
434

Headline Bulletin

Headline Bulletin brings you a curated selection of business news from around the world.

No Result
View All Result

Categories

  • Business
  • Celebrity
  • Consumer
  • Cryptocurrency
  • Dating
  • Ecommerce
  • Economy
  • Entertainment
  • Fashion
  • Features
  • Finance
  • Government
  • Health
  • Legal
  • Leisure
  • Marketing
  • Media
  • Music
  • Politics
  • Property
  • Research
  • Retail
  • Sports
  • Technology
  • Travel
  • Video
  • World News

Recent News

  • Future of molecular cytogenetics to reach $ 2.5 billion by 2026
  • Synthetic biology: overview and growth
  • Fund manager required for higher education and female empowerment programme
  • Kraken under investigation by US Treasury on alleged sactions violations
  • Leicester man and Dutch wife found dead in Antigua home
  • Roman Abramovich superyachts on the move

Most popular stories

molecular biology

Future of molecular cytogenetics to reach $ 2.5 billion by 2026

2nd August 2022
applications of synthetic biology

Synthetic biology: overview and growth

31st July 2022
investment for women

Fund manager required for higher education and female empowerment programme

30th July 2022
kraken exchange us treasury

Kraken under investigation by US Treasury on alleged sactions violations

28th July 2022
  • About
  • Contact Us

No Result
View All Result
  • Write for us
  • Business
  • Consumer
  • Ecommerce
  • Entertainment
  • Fashion
  • Finance
  • Health
  • Legal
  • Leisure
  • Marketing
  • Media
  • Property
  • Retail
  • Technology
  • Travel