Westpac CEO Calls For Meta And Other Social Media Giants To Take Tougher Action In Financial Fraud Prevention - Alphabet (NASDAQ:GOOG), Alphabet (NASDAQ:GOOGL)

Australia’s Westpac Banking Corp‘s CEO has urged social media companies like Meta Platforms (NASDAQ:META) to play a more active role in preventing online scams, citing the increasing threat to consumers.Call For Stricter Action On ScamsAt a meeting of the Australian British Chamber of Commerce in Sydney, Anthony Miller emphasized the need for social media companies to take more significant steps in curbing online scams, reported Reuters.Miller said the bank cannot tackle the rising consumer threat on its ow ...