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EU complaint targets scam protections

Industry News
Thursday 21st May, 2026 EU consumer groups filed DSA complaints against Google, Meta and TikTok for failing to remove or warn users about financial scam ads, flagging 900 ads with only 27% removed and risking hefty fines; platforms say they use AI and tools to block most scam ads. This gives Wise a chance to talk about protecting customers from fraud and the importance of clear, safe payment pathways for people sending money across borders in the UK and Europe.
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Major EU complaints allege platforms are failing to police financial scam ads — as a cross-border payments provider you can offer expert comment on consumer protection and fraud trends.

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