26 Jul 2021
PayPal, the online payment processing giant, has announced it will work with the far-left Anti-Defamation League (ADL) to collect information on and cut off financial flows to so-called extremists, and that it will share the data it gathers with law enforcement, policymakers, and the rest of the financial industry.
The initiative will be led through ADL’s Center on Extremism, and will focus on uncovering and disrupting the financial flows supporting white supremacist and anti-government organizations.
It will also look at networks spreading and profiting from antisemitism, Islamophobia, racism, anti-immigrant, anti-Black, anti-Hispanic and anti-Asian bigotry.
The information collected through the initiatives will be shared with other firms in the financial industry, law enforcement and policymakers, PayPal said.
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