British online bank Revolut on Thursday urged Facebook owner Meta to reimburse victims of password security breaches, blasting the US tech giant's data-sharing partnership with several UK banks as "woefully" ...

British online bank Revolut on Thursday urged Facebook owner Meta to reimburse victims of password security breaches, blasting the US tech giant's data-sharing partnership with several UK banks as "woefully" inadequate.

British online bank Revolut on Thursday urged Facebook owner Meta to reimburse victims of password security breaches, blasting the US tech giant's data-sharing partnership with several UK banks as "woefully" inadequate.

British fintech Revolut criticized Meta over its approach to tackling fraud and said the U.S. tech giant should directly compensate fraud victims.

The parent company of Facebook, Instagram and WhatsApp had been working with NatWest and Metro Bank.

Meta is working with U.K. banks NatWest and Metro Bank on an information-sharing agreement to help them prevent customers from falling victim to fraud.

Called the Fraud Intelligence Reciprocal Exchange (Fire), the programme allows financial institutions to share intelligence with the tech giant directly to help stop scammers

NatWest, which is rivalled by the like sof HSBC UK, Santander, Lloyds Bank and Barclays, says it has teamed up with the Mark Zuckerberg-owned social giant.