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Fintech Insider Podcast by 11:FS
875. News: Monzo tells us how they're going to keep your money safe and Revolut posts huge results
Jul 8, 2024
Monzo enhances fraud controls while Revolut sees record profits. Plaid diversifies revenue streams with enterprise clients. Nubank and Robinhood acquire AI startups. Wise customers affected by data breach. Wells Fargo analyst tests Chipotle portion sizes.
01:01:35
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Quick takeaways
- Monzo enhances fraud protection with new controls like known locations and QR codes.
- Revolut achieves record profits and plans IPO, focusing on financial controls.
Deep dives
Monzo Introduces Fraud Controls
Monzo has unveiled three new controls to protect its customers from fraud, including known locations, trusted contacts, and secret QR codes. These features aim to reduce the risks of fraudulent payments due to various scams. The controls have received positive feedback from customers, enhancing the security around their money.
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highlights
Listen to the best highlights from the podcasts you love and dive into the full episode