Visa, Mastercard Stop Program to Categorize Gun Purchases Differently After Pushback
Associated Press: Visa and Mastercard paused their decision to start categorizing purchases at gun shops, a significant win for conservative groups and Second Amendment advocates who felt that tracking gun shop purchases would inadvertently discriminate against legal firearms purchases. After Visa and Mastercard announced their plans to implement a separate merchant category code for gun shop purchases, the payment networks got significant pushback from the gun lobby as well as conservative politicians. A group of 24 GOP state attorneys general wrote a letter to the payment networks threatening legal action against Visa and Mastercard if they moved forward with their plan (Associated Press). Bloomberg: The push to adopt the new code was led by Amalgamated Bank CEO Priscilla Sims Brown. In November, Brown said banks were developing technology to identify potential mass shooters by creating “detection scenarios” that, if triggered, would prompt banks to file a Suspicious Activity Report to the Treasury Department’s Financial Crimes Enforcement Network(Bloomberg).

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  • "The push to adopt the new code was led by Amalgamated Bank CEO Priscilla Sims Brown. In November, Brown said banks were developing technology to identify potential mass shooters by creating “detection scenarios”"

    these idiots simply don't know when to stop, when enough is enough!

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