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.

Now Ali Husseins across America can rest assured that their financial interests are held secure.

The product works in three easy steps:

Step 1: Upload the delimited text file of your bank’s transactions
Step 2: Browse Results for anything that looks “Bin Ladeny”
Step 3: Deny Funds
Step 4: Profit!!!

— BEN POPKEN

PREVIOUSLY:
How Banks Flag Ordinary Customers As Terrorists
How Banks Freeze Terrorist Founds With A Free, Public, .TXT