Revolut

British fintech giant Revolut has renamed its Israeli subsidiary to Revolut Bank Israel as it advances efforts to secure a banking license and compete locally.

A major Google cloud outage in London paralyzed banking services, fintech platforms like Revolut, and retailers across the United Kingdom and Europe, exposing vulnerabilities in cloud dependency.

British fintech giant Revolut is accelerating its entry into Israel by hiring for core banking roles like credit and compliance, aiming to challenge the local banking sector.

Hackers infiltrated Revolut by compromising Italy's secure PEC mail system, exploiting forged law enforcement requests to steal personal data from hundreds of cryptocurrency holders.