The Software Banks Use To Flag Ordinary Customers As Terrorists

The Software Banks Use To Flag Ordinary Customers As Terrorists

The Electronic Payments Network, a private-sector automated clearing house, has an online demo showing how an institution can scan transactions for possible terrorists based on those free, public, and error-ridden text files.

How Banks Flag Ordinary Customers As Terrorists

How Banks Flag Ordinary Customers As Terrorists

The Washington Post has an article, “Ordinary Customers Flagged as Terrorists,” describing how the Office of Foreign Asset Control maintains a list of potential terrorist suspects, and how everyday citizens can wind up on it.

How Banks Freeze Terrorist Founds With A Free, Public, .TXT

A text file. That’s what banks use to freeze the assets of terrorists, drug traffickers, and nuclear weapons dealers. A dot txt downloadable from the U.S. Treasury website.