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.

As the focus shifts from blaming customers to shutting down scammers, most victims will receive automatic refunds. But is it ...

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A day after Facebook’s parent company announced a data-sharing agreement with British banks and financial institutions to ...

British online bank Revolut on Thursday urged Facebook owner Meta to reimburse victims of password security breaches, ...

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.

Andrew Bailey tells the Guardian the Bank could become a ‘bit more aggressive’ in cutting interest rates if news on inflation ...

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 ...

UK fintech Revolut has called on Meta to share the cost of compensating fraud victims with banks and criticised its fraud ...

British financial tech firm Revolut slammed Meta's plan to expand its current fraud-fighting program with banks there, saying ...

The social media giant should monitor fake ads and reimburse victims, fintech company Revolut has said, citing figures ...