[Billman]

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While this may or may not currently be trie it certainly doesn't have to be the case.


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It does if you know anything about banking. Unless you use cash payments and/or physical checks any electronic transfer of money from a US bank to anywhere else will run over these networks.

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Easy or hard is debateable. Inordinately expensive is not. Small banks cannptcomfortably absorb these costs and even ahuge bank would have to reassess keeping free checking if they were forced to proactivey monitor every transaction.

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You do realize that every bank in the US shut out Neteller in one afternoon, yeah? It's because they froze the ACH/EFT networks. Every small bank doesn't need to monitor every transaction. Small bank issues a EFT request over the ACH network and the ACH network says "Nope. Those dudes are gaming related. Transfer declined, little bank."

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I think you are probably an order or magnitude or two off both in how many overall financial transactions and how few poker related transactions go on daily. Presuming that the volume of poker transactions would be enough to throw a flag is at best specious and at worst wholly ignorant.

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Yes, because banks don't practice risk management, right? They would never have anything in place to measure unusual activity. Do you think you have to be doing billions of dollars to throw a red flag? I'm glad you don't handle risk management for my bank. :-)

Lots of small transactions can set a risk management system on alert too.