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flag Meta expands Fire program, UK banks share scam intelligence with Facebook to combat fraud.

flag Meta, the parent company of Facebook, Instagram, and WhatsApp, is expanding its Fraud Intelligence Reciprocal Exchange (Fire) program, enabling UK banks to share scam-related intelligence directly with the tech giant. flag Initially tested with NatWest and Metro Bank, the program successfully removed around 20,000 scam accounts linked to a concert ticket fraud network. flag Experts highlight the need for broader collaboration and government support to enhance data sharing in the fight against scams.

7 months ago
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