Meta program helps U.K. banks take down scammers' social accounts [Yahoo! Finance]
Pathward Financial, Inc. (CASH)
Last pathward financial, inc. earnings: 4/22 04:15 pm
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Source: Yahoo! Finance
partnership program with U.K. banks to share fraud data for purposes of, for example, removing accounts on the platform that are run by scammers. The program, named the Fraud Intelligence Reciprocal Exchange (FIRE), kicked off six months ago in a pilot stage facilitated by Stop Scams UK, a private sector not-for-profit company that leads cross-industry collaboration against scams between banking, telecommunications and technology. During the pilot stage, two banks shared fraud data with Meta: NatWest and Metro Bank. The intel enabled the social media platform to take down 20,000 accounts run by scammers, including Facebook and Instagram accounts, based on information from 185 URLs shared. Creating a Facebook or Instagram account, as with most social media platforms, only requires an email or phone number. While Facebook's policies technically require users to use their real name to sign up, enforcement is mainly complaint-based; new account holders do not typically need to verif
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CASH
Earnings
- 10/23/24 - Beat
CASH
Sec Filings
- 11/21/24 - Form 8-K
- 11/19/24 - Form 4
- 11/19/24 - Form 4
- CASH's page on the SEC website