Etiquetas: financial fraud

The European Commission is set to request detailed information from Apple, Google, Microsoft and Booking Holdings under the Digital Services Act to assess how these platforms handle financial fraud online. Regulators will examine fake banking apps in app stores, counterfeit search results and bogus accommodation listings. The move could lead to formal investigations and fines, reflecting growing EU scrutiny of big‑tech’s role in preventing illegal content and heightened transatlantic tensions. Leer más

The European Union has issued formal information requests to Apple, Google and Microsoft, asking them to detail how they police online financial scams under the Digital Services Act (DSA). Regulators are also probing Booking Holdings over fake accommodation listings, as well as fake banking apps in the Apple App Store and Google Play, and misleading search results on Google and Bing. EU tech chief Henna Virkkunen warned that fraud costs over €4 billion annually across the bloc and that AI is making detection harder. Companies face possible penalties of up to 6 percent of global revenue if they fail to act, following recent fines on Apple, Meta, and Google for related violations. Leer más

European Union regulators are formally requesting information from Apple, Google and Microsoft under the Digital Services Act to assess how the companies tackle financial fraud on their platforms. The inquiry also includes Booking Holdings. Officials will examine app stores for fake banking apps, search engines for fraudulent results, and accommodation listings for scams. The information requests could trigger investigations and potential fines of up to six percent of global turnover. Leer más