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Hasten anti-fraud efforts, big tech companies to be told by UK finance minister

By Martin Coyle and Phoebe Seers ( November 14, 2024, 18:08 GMT | Insight) -- Big tech companies must speed up attempts to crack down on widespread frauds taking place on their platforms, the UK’s finance minister, Rachel Reeves, will tell the industry today in her annual Mansion House speech. Reeves has written to the companies to chivvy along their efforts to fight fraud, which costs UK consumers more than 8 billion pounds a year.Big tech companies must speed up attempts to crack down on widespread fraud on their platforms, the UK’s finance minister Rachel Reeves will tell the industry today in her annual Mansion House speech....

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