Banks Are Devising Ways to ID Mass Shooters Before They Strike
- Amalgamated CEO says technology is in the ‘very early stages’
- Attempts to track gun sales have been met with suspicion
Amalgamated Bank CEO Priscilla Sims Brown
Photographer: Michael Nagle/BloombergThis article is for subscribers only.
Banks are developing technology to identify potential mass shooters, according to a CEO backing the push to get credit-card companies to more closely track gun purchases.
“Detection scenarios” are in the works that, if triggered, would prompt banks to file a Suspicious Activity Report to the Treasury Department’s Financial Crimes Enforcement Network, Amalgamated Bank Chief Executive Officer Priscilla Sims Brown said at the New York Times DealBook conference Wednesday.