Texas lawmaker targets unregulated ATMs to fight human trafficking
John Engel, 30 April 2021
AUSTIN (KXAN) — Not all ATMs are created equal.
ATMs at banks or financial institutions are highly regulated. But the rest — known as white label ATMs — have no oversight, are often purchased over the internet and can be used for financial crimes or human trafficking.
State Rep. Senfronia Thompson, a Houston Democrat, filed legislation to establish a registry for white label ATMs in an attempt to cut off the cash flow for human trafficking operations. Continue reading “Article: Texas lawmaker targets unregulated ATMs to fight human trafficking”
