PayPal and ADL collaborate on research to stop extremist funding

PayPal and the Anti-Defamation League have announced plans to cooperate to understand how extremists use online financial platforms to fund their activities and “undermine” such use.

Payment processors and anti-hate organizations announced a partnership on Monday, saying it was a research effort aimed at better understanding and solving problems.

“PayPal and ADL will focus on further discovering and disrupting financial channels that support extremism and hate movements,” these groups explained in a press release promoting the new plan.

They said this work will be led by ADL’s extremism center and will focus on anti-government organizations and other actors and networks that spread and profit from “various forms of hatred and prejudice.”

PayPal Chief Risk Officer Aaron Karczmer said: “By identifying cross-departmental partners with common goals and complementary resources, we can have a greater impact than any of us alone can have.”

PayPal prohibits the use of its services for illegal activities and any transactions involving “promotion of hatred, violence, racial or other forms of discriminatory intolerance or economic exploitation of crime.” It used this rule and other rules before to ban users from all aspects of the political arena, Ranging From the Proud Boys group to local Antifa chapters across the United States

However, the company is not without competition. Criminal extremists have been able to overcome PayPal and other policies that prohibit hateful and discriminatory activities.

ADL CEO Jonathan Greenblatt said in a statement: “We have a unique opportunity to learn more about how hatred is spread and to derive key insights that will benefit the financial industry, law enforcement and Provide information on our community’s efforts to mitigate the threat of extremism.”

When Mr. Greenblatt appeared on CNBC, ADL and PayPal were collaborating to “understand how extremists use online platforms to raise funds, transfer funds and carry out some illegal activities.

“We have been working with PayPal for many years and we will once again help them better understand and learn how extremist groups and hate movements are trying to use the financial system so that we can disrupt these activities,” Mr. said. Greenblatt said on the network’s “Squawk Box” program on Tuesday.

Mr. Greenblatt said on social media: “This is not based on people’s political de-platformization, but rather disrupts extremists who abuse online services to violate the law and spread hatred.”

However, critics on all sides soon expressed concern about the potential consequences of the initiative.

“The problem here is that @PayPal and @ADL think anyone on the right of Nancy Pelosi is an extremist,” conservative blogger Eric Erickson Say On Twitter.

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