Sentences with phrase «millions of fake accounts»

The bank has been embroiled in a scandal over opening millions of fake accounts for customers, which cost former CEO John Stumpf his job, and continued missteps at the firm have led some lawmakers to call for current CEO Tim Sloan to be ousted from his post.

Meanwhile, advances in machine learning have allowed Facebook «to find more suspicious behaviors without assessing the content itself» to block millions of fake account creations per day «before they can do any harm,» says Chakrabarti.

Branch employees had opened millions of fake accounts in customers» names without their knowledge to meet sales targets.

«Replacing an insider CEO who personally profited from the bank opening millions of fake accounts with another highly placed insider who personally profited from the same activity does not lead to change at the bank,» Warren told Vox in an interview after the hearing.

Following revelations that bank employees created millions of fake accounts without customers knowledge in an effort to meet quotas handed down from the top, John Stumpf stepped down as Wells.

Wells Fargo has run into problems of late following a scandal, revealed last September, in which thousands of its employees opened millions of fake accounts for unwitting customers over a decade and a half, if not longer.

Machine learning tools will assist trained human reviewers who, Facebook says, block millions of fake accounts at the time of registration every day.

Facebook is also now preemptively blocking the creation of millions of fake accounts per day.

Facebook officials have said the company blocks millions of fake accounts trying to register each day and analysts said the social network has improved its efforts to remove the accounts.

Replacing an insider CEO who personally profited from the bank opening millions of fake accounts with another highly placed insider who personally profited from the same activity does not lead to change at the bank.

Creating millions of fake accounts and bots impersonating real people with real - sounding names and photos, fooling millions with the false impression of consensus.

Machine learning tools will assist trained human reviewers who, Facebook says, block millions of fake accounts at the time of registration...

Facebook is blocking millions of fake accounts each day.

Wells Fargo's chief executive Timothy Sloan on Tuesday defended the mega bank against withering criticism from lawmakers that it has not done enough to reform itself since admitting last year it had opened millions of fake accounts customers didn't want.

The first executive decision Sloan made when he took charge in October 2016, was to get rid of the sales incentive plan that led to millions of fake accounts.

They engaged in some fake accounts, in millions of fake accounts.

They reworked it right to the point where employees opened millions of fake accounts to meet their sales quotas.

The company says it's blocking «millions of fake accounts each day at the point of creation.»

«We're now at the point that we block millions of fake accounts each day at the point of creation before they can do any harm,» said Samidh Chakrabarti, a Facebook product manager.

Facebook is blocking millions of fake accounts each day.