Banks' support of payday lenders under scrutiny

[dkf]

2. Do you really want your bank judging your automatic payments?

Banks execute your requests. They have guidelines to look out for money laundering or terrorism. But beyond that they aren't going to stop payments to legal entities.

It's ridiculous that people expect banks to shut down or stymie legal activities. If we want banks judging the morality of all businesses I'm sure there are a lot more areas to expand into.