Re:Google plans to partner with banks to offer checking acco...
by notyourday on Wednesday November 13, 2019 @11:36AM
(#21526022)
> That's already how fraud protection works in the majority of banks.
That's not the entire story. Not only do banks have tons of regulations that they have to follow, a concept of "algorithm determined that we shutdown the account and we can't explain to you why" does not exist there.
That's not the entire story. Not only do banks have tons of regulations that they have to follow, a concept of "algorithm determined that we shutdown the account and we can't explain to you why" does not exist there.