Videos tagged with ISO 7010

This video details Senator Elizabeth Warren's ongoing efforts, alongside other lawmakers, to compel financial institutions and credit card companies to implement specific Merchant Category Codes (MCCs) for firearm and ammunition purchases. The narrative traces the progression from initial requests to demands for federal government intervention, highlighting the pushback from credit card companies and the varying state-level legislative responses.

This video discusses the implementation of a new Merchant Category Code (MCC) for gun stores, driven by Amalgamated Bank and approved by the International Standards Organization (ISO). This code will allow credit card companies to track purchases of firearms, ammunition, and related items, potentially leading to increased scrutiny and pressure on gun owners and sellers. The speaker expresses concern that this could be a precursor to further restrictions on firearm ownership and a violation of financial privacy.