Tag: payment laundering

Revolut, Open Banking & Illegal Offshore Casinos: Player Evidence Raises New Questions Over Chargebacks, Descriptor Masking, and Regulatory Exposure

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A player communication reviewed by FinTelegram raises a serious compliance question for Revolut: did the fintech initially tell a customer that Mastercard chargebacks had been raised and finally decided, only to later admit that no chargebacks had been submitted at all? Against the backdrop of FinTelegram’s long-running investigations into illegal offshore casino payment rails, the case sharpens a broader issue.