Browsing: smartphone theft

Revolut Street Mode is a groundbreaking initiative aimed at tackling the alarming rise in smartphone thefts across Europe.As Europe’s largest financial app, Revolut has taken a proactive stance in the realm of fintech security, introducing this advanced feature designed specifically to combat the sophisticated tactics employed by thieves, such as the dreaded “transfer robbery.” With 65 million users, the launch of Street Mode has not only sparked interest but also sharp criticism from industry leaders, including comments from Aave’s founder about the implications of such features on user safety.