Revolut Unveils Street Mode to Fight Transfer Muggings
9 Articles
9 Articles
Global finance app Revolut has announced the launch of its new "Street Mode" feature. This optional function, designed to protect customers from theft and fraudulent transfers, will be available to customers in the United Kingdom and across the European Economic Area (EEA), including Germany and Austria. Revolut states that this feature expands upon existing security measures. The article "Revolut: New security feature aims to protect against fr…
Revolut Launches ‘Street Mode’ to Combat Phone Snatching
Revolut has enhanced its security features ahead of the festive season, aiming to curb a predicted rise in phone-snatching and ‘transfer mugging’. The UK fintech firm has introduced a new feature, dubbed ‘Street Mode’, designed to protect users in public spaces. According to Finextra, the tool allows customers to define ‘trusted locations’, such as their home. Any locations not marked as safe are then subject to a one-hour delay for transactions…
Revolut Launches ‘Street Mode’ to Keep Customer Funds Safe from Rise in Transfer Muggings This Festive Season
Revolut, the global fintech app with over 65 million customers globally, today announced the launch of Street Mode across the UK and the EEA. A new security feature designed to help protect customers from theft in instances of phone snatching and transfer mugging, Street Mode provides an additional and customisable layer of location-aware protection to funds when customers are on the go.
Smartphone thefts explode, with potentially disastrous consequences for your bank account. In order to deal with them, Revolut deploys a new layer of security for its users: "street mode".
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