For years, banks have been criticised for fraud. Today, a growing number of bankers are asking a different question: why are banks paying for fraud that originates elsewhere? Across the world, consumer groups, regulators, banks and campaigners are increasingly pointing to the same source of online scams: Meta\u2019s platforms, particularly Facebook and Instagram. This is…<\/p>\n
The post Scambook \u2026 how Meta has become the world\u2019s biggest scambank<\/a> appeared first on Chris Skinner’s blog<\/a>.<\/p>","protected":false},"excerpt":{"rendered":" For years, banks have been criticised for fraud. Today, a growing number of bankers are asking a different question: why are banks paying for fraud that originates elsewhere? Across the world, consumer groups, regulators, banks and campaigners are increasingly pointing to the same source of online scams: Meta\u2019s platforms, particularly Facebook and Instagram. This is… […]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[],"class_list":["post-63854","post","type-post","status-publish","format-standard","hentry","category-fintech"],"_links":{"self":[{"href":"http:\/\/flwnet.com\/index.php\/wp-json\/wp\/v2\/posts\/63854","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/flwnet.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/flwnet.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/flwnet.com\/index.php\/wp-json\/wp\/v2\/comments?post=63854"}],"version-history":[{"count":0,"href":"http:\/\/flwnet.com\/index.php\/wp-json\/wp\/v2\/posts\/63854\/revisions"}],"wp:attachment":[{"href":"http:\/\/flwnet.com\/index.php\/wp-json\/wp\/v2\/media?parent=63854"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/flwnet.com\/index.php\/wp-json\/wp\/v2\/categories?post=63854"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/flwnet.com\/index.php\/wp-json\/wp\/v2\/tags?post=63854"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}