I don’t mean to defend this, but I know from experience that gift cards are frequently used for money laundring. The laws against that are very strict, incentivizing companies to overshoot and block false positives.
At the same time, AML solutions tend to be a closely guarded black box which simply tells you to block a customer, finding out why is pretty difficult.
To add more to the problem, some anti money Landry solutions are … AI powered.
At the same time, AML solutions tend to be a closely guarded black box which simply tells you to block a customer, finding out why is pretty difficult.
To add more to the problem, some anti money Landry solutions are … AI powered.