Revolut’s Product Approvals Face UK Regulatory Scrutiny
British regulators are reportedly reviewing Revolut’s process for approving new products. The Bank of England’s Prudential Regulation Authority (PRA) issued what is known as a section 166 earlier this year to investigate risks surrounding the speed of Revolut’s product launches, the Financial Times (FT) reported Tuesday (Oct. 27). The report, citing sources familiar with the […] The post…
We haven't written up this one. PYMNTS has the full story — the link below goes straight to it.
