What is phone spoofing and why is it dangerous?

Phone spoofing makes a caller ID look genuine, such as a bank or police. Criminals then push urgent actions, like moving money or sharing codes. It works because people trust the displayed number. Always hang up and call back using the official app or card number.

How can I spot Revolut scam calls in Switzerland?

Warning signs include urgent language, requests for PINs or one-time passcodes, and links sent by text. Caller ID spoofing can mimic trusted numbers. End the call, open the Revolut app, and use in-app support to verify. Never move funds based on a phone request.

What are the investor risks from bank fraud calls?

Fraud losses, chargebacks, and support workloads can rise. Firms may add device checks and in-app verification, increasing costs before savings appear. If incidents grow, regulators can demand stronger controls. These factors can pressure near-term margins and slow growth while trust is rebuilt.

What steps reduce risk if I receive a spoofed call?

Hang up immediately. Do not use numbers given on the call or in a text. Open your banking app, check recent activity, and contact support. Freeze your card if needed. Change passwords and report the attempt to the bank and local authorities for follow-up.

Law and Government

February 17: Revolut Spoofing Calls Surge, Fintech Fraud Risks Rise

ByHuzaifa Zahoor February 17, 2026February 17, 2026

Phone spoofing linked to Revolut scam calls is surging, putting Swiss users and fintech investors on alert. Irish police reports show fraudsters copying trusted numbers and pushing victims to act fast. For Switzerland, the same tactics can cross borders within minutes. We see rising fraud controls, higher support costs, and possible regulatory pressure that can weigh on margins. This piece explains why caller ID spoofing matters now, how it hits financials, and what we should watch next in the CH market.