Meta to expand partnership with British bank to catch scammers

Oct. 2 (UPI) -- Meta on Tuesday said it would expand its information-sharing program with British banks that allows it to eliminate scammers and protect customers.

The Fraud Intelligence Reciprocal Exchange, or FIRE, allows banks to share fraud intelligence directly with Meta, the parent company of Facebook, Instagram and WhatsApp, about frauds and scams it learns about. Meta said that NatWest and Metro Banks were the first British banks to participate in the pilot program.

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