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A federal warning about the compliance risks of payment processors tied to telemarketers will mean closer scrutiny of the companies but not a wholesale dropping of the accounts, say consultants. The Federal Deposit Insurance Corporation (FDIC) said on November 7 that banks that service companies processing payments for telemarketers and other merchant clients could face "increased strategic, credit, compliance, transaction, and reputation risks." Financial institutions that inadequately catch related suspicious activities may be "viewed as facilitating" the crime, the agency said. The warning that telemarketers and their payment processors are high risk echoes a similar alert by the U.S. Office...