> Second, good - they should have an _algorithm_ checking every transaction. MasterCard and VISA do it and do nothing for me;
You are confusing transaction authorization done by card networks/issuers with the kind of fraud analysis that happens post settlement and requires correlating multiple transactions and accounts
> the government could catch all the money laundering
No, you don’t have enough information in transactions alone to identify all money laundering, specially the sophisticated kind.
You are confusing transaction authorization done by card networks/issuers with the kind of fraud analysis that happens post settlement and requires correlating multiple transactions and accounts
> the government could catch all the money laundering
No, you don’t have enough information in transactions alone to identify all money laundering, specially the sophisticated kind.