The consequences of the failure of popular cards. Revolut relies on a dialogue with the Polish Financial Supervisory Authority



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  Revolut wants to talk with KNF about the future in the Polish market
Fig. Facebook / revolutapp (screen)

Revolut wants to talk with KNF about the future in the Polish market

The start-up, which wins a blow in Poland, tries to save the situation after the fall of the month. He ensures that he creates his own infrastructure and wants to talk to his financial market regulators about his activities.

Sunday afternoon is probably the worst time of failure for every business. Clients are expecting carefree afternoons and non-nervous attempts to implement their plans, as the company for which we pay is unable to meet their obligations [19659006]. the transactions. Users around the world have reported issues. Although the company has already reported failure when launching the application, it has seriously undermined the trust in it. Not just users. The Polish Financial Supervisory Authority, in connection with the problems of the company, has asked the British Financial Market Regulatory Authority to increase the control of the company.

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"In connection with the situation and the growing magnitude of the operations of the company, the l & # 39; Polish Financial Supervisory Authority has asked its British counterpart, overseeing Revolut Ltd, to ensure and maintain increased supervision of the company, "said the Financial Supervisory Authority. a British start-up to take a stand not only for customers but also for the authorities. In the money.pl statement sent out, Chad West, the company's marketing manager, assured that she was "committed to building constructive cooperation with regulators in all the markets where we offer our services ". "In the case of Poland, we hope to establish a dialogue that will be the beginning of a long and fruitful cooperation with the regulator," he added.

Meanwhile, Chad West assured that the failure was due to a fault of the external firm responsible for processing transactions. To avoid similar situations in the future, the company has been working for 9 months on a solution that will "move this function towards the inside of the company" and thus "minimize the risk of Similar incidents ".

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