Sources: banking lobby group UK Finance claims 61% of all reported authorized push payment fraud by volume go through Meta platforms; £485M was stolen in 2022 (Financial Times)

https://ift.tt/d1j76na

Financial Times:
Sources: banking lobby group UK Finance claims 61% of all reported authorized push payment fraud by volume go through Meta platforms; ~£485M was stolen in 2022  —  UK Finance presses ministers to force tech companies into taking more responsibility for authorised push payment fraud

from Techmeme https://ift.tt/COpljou