Monday, September 16, 2013

NSA Is Monitoring Bank Transactions And Credit Card Payments Worldwide



'Follow The Money': NSA Monitors Financial World -- Spiegel Online

The NSA monitors banks and credit card transactions -- sometimes in apparent violation of national laws and global regulations. The European SWIFT financial transaction network is being tapped on different levels, internal documents from the US spy agency show.

In the summer of 2010, a Middle Eastern businessman wanted to transfer a large sum of money from one country in the region to another. He wanted to send at least $50,000 (€37,500), and he had a very clear idea of how it should be done. The transaction could not be conducted via the United States, and the name of his bank would have to be kept secret -- those were his conditions.

Though the transfer was carried out precisely according to his instructions, it did not go unobserved. The transaction is listed in classified documents compiled by the US intelligence agency NSA that SPIEGEL has seen and that deal with the activities of the United States in the international financial sector. The documents show how comprehensively and effectively the intelligence agency can track global flows of money and store the information in a powerful database developed for this purpose.

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More News On The NSA Monitoring Bank Transactions And Credit Card Payments Worldwide

NSA monitors bank transactions, credit card payments worldwide, Der Spiegel -- FOX News
NSA ‘Follow the Money’ branch spied on Visa customers, SWIFT transactions – report -- RT
NSA spying on millions of Visa transactions -- Salon
How Excellent, The NSA Spies Upon The Visa And SWIFT Networks -- Forbes
Is NSA tracking your credit-card records, too? -- SFGate
NSA snoops on credit card transactions, says report -- CNet
NSA Spies on Credit Card Transactions With "Follow The Money" Division -- Fast Company
NSA monitored global financial transactions -- Computer World

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