PayPal Holdings Inc is partnering with non-profit organisation the Anti-Defamation League (ADL) to investigate how extremist and hate movements in the United States take advantage of financial platforms to fund their criminal activities. 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. "As the son of a Holocaust survivor I know all too well the real world impact that come from hatred and extremist groups." Over the past several years, PayPal has also been taking action against businesses peddling extremism that were attempting to use its platforms.

Source: Mint July 26, 2021 12:56 UTC