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)




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





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