max223•19d agoMost Upvoted

Realized I'd been ignoring the 'free speech' part of free speech finance for a good six months

3 comments

3 Comments

Banks have a legal duty to watch for shady stuff, it's not just them being nosy. Those rules stop actual crime, even if they mess up sometimes with pizza money.

ryanm6019d ago

My buddy Mark got a warning from his bank last year for a Venmo note that just said "for the stuff." They froze his account for three days over five bucks. He had to call and explain it was just a pizza split with his roommate. Makes you wonder what they're actually tracking in there.

kai_webb9119d ago

Saw an article where banks flag certain keywords like "stuff" or "services" because they're super vague. The system is looking for patterns that might hide illegal sales, so even innocent notes can trip it. They'd rather freeze a small transaction than miss something big, which is wild when it's just pizza money.