Meta, Revolut
Revolut Says Meta ‘Falls Woefully Short’ In Combating Fraud
A day after Facebook’s parent company announced a data-sharing agreement with British banks and financial institutions to help protect customers from becoming victims of fraud, Revolut said Meta’s initiative “falls woefully short of what’s required to tackle fraud globally.”
Revolut says Meta pilot bank program to fight fraud in Britain not enough
British financial tech firm Revolut slammed Meta's plan to expand its current fraud-fighting program with banks there, saying that the parent of Facebook is not doing enough for the victims of such scams.
Revolut urges Meta to share cost of reimbursing fraud victims
UK fintech Revolut has called on Meta to share the cost of compensating fraud victims with banks and criticised its fraud prevention efforts, in a sign of rising tension between financial and tech groups about how to tackle and pay for the problem.
Revolut slams Meta for falling ‘woefully short’ in tackling scams
Woody Malouf, Revolut’s head of financial crime, argued Meta's plans were "baby steps, when what the industry really needs is giant leaps forward".
Meta’s data pilot falls “woefully short” of anti-fraud requirements, says Revolut
Revolut has said Meta’s action on tackling fraud has fallen “woefully short” of requirements and has called on Facebook’s owner to contribute to the reimbursement of victims defrauded on its sites.
'Simply Isn’t Good Enough' – Revolut calls for Meta to commit to sharing reimbursement of fraud vict
Revolut, the global fintech with over 10 million UK customers and 45 million globally, is calling on Meta to commit to sharing reimbursement of fraud victims, arguing that its recently announced data-sharing partnership with UK banks and financial institutions falls woefully short of what’s required to tackle fraud globally.
Meta Teams Up with Banks to Target Fraudsters
Meta has announced a new information sharing partnership with UK financial institutions designed to target social media fraud campaigns
Live news: Revolut urges Meta to share cost of reimbursing fraud victims
Revolut has called on Meta to share with banks the cost of reimbursing fraud victims, saying the Facebook owner’s latest anti-fraud initiative does not go far enough. The criticism comes after Meta on Wednesday invited banks to take part in a data-sharing partnership with the platform in an effort to prevent fraud.
Digital bank Revolut slams Meta over approach to scams, says tech giant should compensate victims
British fintech Revolut criticized Meta over its approach to tackling fraud and said the U.S. tech giant should directly compensate fraud victims.
Revolut urges Meta to step up on cyber fraud reimbursement
British online bank Revolut on Thursday urged Facebook owner Meta to reimburse victims of password security breaches, blasting the US tech giant's data-sharing partnership with several UK banks as "wo
Mark Zuckerberg's Meta Asked To Foot The Bill Partly In Fraud Cases By UK Fintech: 'These Platforms Share No Responsibility'
Revolut has urged Meta to take financial responsibility in reimbursing fraud victims, as the majority of reported scams by U.K. customers originated on Meta's platforms like Facebook and Instagram.
New York Post2d
Meta rehired ‘disturbing’ former staffer who stalked, sexually harassed co-worker: lawsuit
A former Meta staffer who was placed on a “Do Not Hire” and “No Entry” list after stalking and sexually harassing a fellow male co-worker was rehired by the tech company after its ...
Courthouse News Service3d
Meta must face claims that it misled the public about its platforms’ risks to children
(AP Photo/Richard Drew, file) SAN FRANCISCO (CN) — A federal judge ruled Monday afternoon that Meta must face claims from shareholders who claim that the company lied in statements about the harms, ...
Yahoo Finance2d
Meta to Announce Third Quarter 2024 Results
MENLO PARK, Calif., Oct. 1, 2024 /PRNewswire/ -- Meta Platforms, Inc. (NASDAQ: META) announced today that the company's third quarter 2024 financial results will be released after market close on ...