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433 Innovate Finance joins chorus calling for social media to share fraud liability

UK Tech News
Oscar Hornstein @ UK Tech News 1 place · 04/07/2025 07:03 EDT

Innovate Finance joins chorus calling for social media to share fraud liability

Innovate Finance, the industry body for British fintechs, has called for an anti-fraud strategy that would force social media and telco firms to share liability with payment providers in reimbursing fraud, echoing calls from the sector.  The group said social media platforms like Facebook as well as calls and texts managed by telco groups should ...

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