Metro Bank Falls Victim to Fake News

Metro Bank’s Harrow branch in London became the victim of a fake news story that caused customers to demand their savings and valuables from safety deposit boxes; a rumor was spread on WhatsApp saying the bank might be shut down or go bankrupt; WhatsApp messages are private and encrypted making it impossible to read messages or counter fake news; the bank made statements explaining the news was completely false and the bank was not going anywhere. Source.

Todd is the Chief Product Officer of LendIt Fintech.

He is the host of PitchIt: the fintech startups podcast, a weekly interview show featuring emerging fintech founders and leading venture capitalists.

He is responsible for leading the content team which covers fintech through daily & weekly email newsletters, editorial, virtual events, and in-person conferences.

He has been covering fintech, banking, and venture capital for more than 15 years, including speaking regularly at industry events.

Subscribe
Notify of
0 Comments
Inline Feedbacks
View all comments