Revolut to Roll Out Enhanced Security Tool for Crypto Transactions in 2025
Revolut, a global neobank with over 50 million users, is set to introduce its upgraded security tool, Revolut Pay, to crypto customers in 2025, according to a CoinDesk report.
The new offering aims to address the rising fraud risks in digital asset transactions.
The platform, tested over a 12-month pilot, reportedly reduced fraud attempts by 50% for participating users.
It integrates advanced features, including know-your-customer (KYC) name matching, fraud alerts, proof of crypto delivery, and transaction risk scores.
Alex Codina, Revolut’s general manager for merchant payments, highlighted the heightened risks crypto users face due to limited…
