Documents seen by The Telegraph show that for three months last year Revolut switched off an automated system designed to stop dubious money transfers.
As a result, thousands of illegal transactions may have passed through the London-based startup’s digital banking system between July and September of 2018.
Revolut launched an internal investigation in late 2018 after a whistleblower contacted Revolut’s board over serious issues with its sanctions screening system.
Read More.. Source The Telegraph