Comment by DebtDeflation
3 years ago
Why is this included in the logic in the first place? Are terrorists sending payments via PayPal and including "ISIS membership fee, annual renewal" in the comments? It would seem to me that a keyword search like this is not an effective way to stop the flow of funds to sanctioned organizations. It's like scanning cancelled checks for the word "bribe" on the memo line.
"Yes, hello, I'd like to renew my subscription to Terrorist Weekly. Oh, you take Venmo? Great!"
On the other hand, if they did it would be very embarrassing for PayPal.
No it wouldn't. A cursory search indicates that about 80 million people have the surname 'bin Laden.' Paypal is an international company. If a name gives you a 1 in 80 million possibility of a connection to terrorism without any other details, it's not actionable. The end.