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As Revolut Attackers Make Threats, Here’s How You Can Lower KYC Risks

News.Bitcoin.com
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As Revolut Attackers Make Threats, Here’s How You Can Lower KYC Risks

Major fintech Revolut and some of its clients falling into a fraudsters’ extortion trap have once again highlighted the inefficiency and dangers of KYC/AML policies. Below, you will find alternatives to some platforms that require KYC, which will help you better manage your risks. While Revolut claims that “a limited number” of its customers were […]

Key Takeaways

  1. Major fintech Revolut and some of its clients falling into a fraudsters’ extortion trap have once again highlighted the inefficiency and dangers of KYC/AML policies.
  2. Below, you will find alternatives to some platforms that require KYC, which will help you better manage your risks.
  3. While Revolut claims that “a limited number” of its customers were […]
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Summary generated by IndiCrypto from News.Bitcoin.com. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.