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Global bank messaging network SWIFT is planning a new platform in the next one to two years to connect the wave of central bank digital currencies now in development to the existing finance system.. The move, which would be one of the most significant yet for the nascent CBDC ecosystem given SWIFT's key role in global banking, is likely to be fine-tuned to when the first major ones are launched. 90% of the world's central banks are now exploring digital versions of their currencies. Most don't want to be left behind by bitcoin and other cryptocurrencies, but are grappling with...

Australians made $746 million in digital payments in 2018—that number soared to $93 billion in 2022.. A new all-in-one mobile app will offer what its developers claim is Australia’s first end-to-end digital banking platform for the country’s 2.4 million businesses with fewer than 10 employees. The announcement comes a day after Bankwest announced that it is closing 45 of its branches and transitioning the remaining 15 to Commonwealth Bank of Australia (CBA) branches, going digital-only by October 2024. Bankwest is a subsidiary of the Commonwealth Bank, which trades on the Australian Stock Exchange. ... The new app, called Business+, was...

The words leaped off the page. As I read Habakkuk 1:2-4, I thought about the United States. The prophet’s complaint about the violence, iniquity, and injustice in ancient Judah matched everything that I saw all around me. How much longer could it be before God’s judgment falls on America? That was over twenty-five years ago. What grabbed my attention back then is tame compared to now. Wickedness, lawlessness, violence, and injustice have increased exponentially in America since then. Abortion and child trafficking hang over our nation like a thick black cloud of hazardous, deadly chemicals. Corruption defines the U.S. government....

Satisfied with IAM systems after a six-team trial last season, the U.S. National Football League appears ready to go league-wide with biometric ID verification. The pilot came at the end of 3.5 years of digital IAM testing by the NFL. No sports leagues like to lose money when people get unpaid-for stadium access, but NFL owners are particularly upset by it compared to others. League owners are expected to set up a centralized facial recognition IAM service based on its Express Access authentication platform in the 2024 season. That would be for all 30 stadiums for the 32 teams, beginning...

The recently-retired banking oracle - who forecast the 2008 housing crisis - made the dramatic prediction this week.. Bove, 83, claimed other analysts won't make the same admission because they're 'monks praying to money' who rely on the mainstream financial system.. It comes despite the collapse of its property sector, which accounts for roughly a quarter of the country's economy, and US growth ... China will soon overtake the American economy and the US dollar will catastrophically collapse, according to famed financial analyst Richard X Bove. In a characteristically histrionic forecast, the recently-retired 83-year-old banking oracle has announced that 'the...

“In a closed society where everybody’s guilty, the only crime is getting caught.”- Hunter S. ThompsonAccording to the FBI, you may be an anti-government extremist if you’ve:a) purchased a Bible or other religious materials,b) used terms like “MAGA” and “Trump,”c) shopped at Dick’s Sporting Goods, Cabela’s, or Bass Pro Shops,d) purchased tickets to travel by bus, cars, or plane,e) all of the above.In fact, if you selected any of those options in recent years, you’re probably already on a government watchlist.That’s how broadly the government’s net is being cast in its pursuit of domestic extremists.We’re all fair game now, easy...

One of the things I keep pointing out about the transnational elite is that, for the most part, they aren’t hiding who they are and what they want. It’s not some deep, dark conspiracy. They are proud of what they are doing. You can go to the websites of major corporations, universities, our federal government, or most conveniently the World Economic Forum and see what kind of dystopia they have planned for you. Basically, it boils down to this: let your betters run your lives, and by the way, we are your betters. If you find it surprising that people...

A digital public infrastructure (DPI) would give governments the power to implement systems of social credit that can determine how you travel, what you can consume, and how you will be able to transact with your programmable money. ... The United Nations, the Bill and Melinda Gates Foundation, and partners of the Rockefeller Foundation are launching their “50-in-5” campaign to accelerate digital ID, digital payments, and data sharing rollouts in 50 countries under the umbrella of digital public infrastructure (DPI) by 2028. ... With a virtual launch event on November 8, the 50-in-5 agenda billed itself as “a country-led advocacy...

Ten banks in the United States are working with the New York Innovation Center (NYIC), part of the Federal Reserve, to test the regulated liability network (RLN), a digital currency platform that will replace cash. RLN would use distributed ledger technology to improve financial settlements and would include commercials and central banks, the firm said earlier this month.

Central bank digital currencies (CBDCs) will be a major weapon of the Great Reset, a.k.a., Agenda 2030, the elitist plan to dominate the world. They are a threat to individual sovereignty as they will allow governments to track citizens’ spending and control behavior. By linking them to social-credit systems of the kind China has implemented, they could be used to induce conformity. Through restrictions, penalties, programming of transactions, or turning off access outright, whole populations could be coerced into buying only what elite-controlled governments want them to. Is there a way to resist this tyranny? At least in America, there...

Central bank digital currencies can push the world away from depending on the U.S. dollar, the organization said. . The International Monetary Fund (IMF) released a handbook for global central banks regarding the development and implementation of central bank digital currencies (CBDCs). The IMF’s “Central Bank Digital Currency Virtual Handbook” published last week pointed out that the increased use of CBDCs can “reduce dollarization” of the global economy—a situation where countries move away from relying on the U.S. dollar as a reserve currency. De-dollarization would push up borrowing costs in the United States, making loans expensive for businesses and individuals,...

The European Union (EU) is advancing plans to introduce a new “Digital Identity” that will be directly linked to a central bank digital currency (CBDC), a top Euro official has revealed.The plan was exposed Wednesday on social media by Dutch Member of the European Parliament Rob Roos.Roos posted a video on Twitter/X to reveal the outcome of a closed-door meeting between top Eurocrats about the plan to roll out the system to the public.After leaving the meeting, the MEP took to X to warn the public about the “very bad news.”Roos told his followers that one of the unelected bureaucrats...

DENVER (KDVR) — Some people are not getting their paychecks Friday due to a banking system issue. Deposits are reportedly delayed at multiple banks across the U.S. The Federal Reserve is reporting an issue with the Automated Clearing House, which is the primary system agencies use for electronic funds transfers. Customers of Bank of America, Chase, U.S. Bank, Wells Fargo and other banks have been reporting issues with deposits on X, formally Twitter, and Downdetector. Both Chase and Bank of America gave statements to CNN, confirming that some deposits may be delayed. The Fed reported a batch of transfers had...

As finance and development ministers and legislators gather in Morocco for the annual meetings of the World Bank and the International Monetary Fund (IMF), from Oct. 9 to 15, the pressing issue of runaway global inequality will loom large on their agenda. Governments can use various tools to address inequality, including fair taxes, quality public services and just labor conditions. And an important tool they should consider now is universal social security, a set of policies and programs designed to ensure financial security across a person’s lifetime. The World Bank and IMF wield substantial influence by funding and shaping social...

he Biden administration and the Federal Reserve are taking steps toward the potential roll-out of a central bank digital currency (CBDC). In attempting to do so, they are ignoring serious concerns about consumer privacy and heavy-handed government control in the U.S. and abroad. Everywhere around the world, powerful heads of central banks and politicians are pushing central bank digital currency. Yet also around the globe – from the U.S. to Europe to Africa – more and more of the general populace are rejecting CBDCs as they learn what they would entail and experience them in practice. A CBDC is a...

Central bank digital currencies are feverishly being developed all over the globe, and this is something that should deeply alarm all of us. For a moment, I would like for you to imagine a world where the government instantly knows whenever you buy or sell something. No transaction would ever be truly private, not even your most personal or embarrassing ones. In addition, your money would not be truly your own under such a system. Your access to the digital currency system would be a privilege which could potentially be suspended or revoked with the click of a mouse. All...

LONDON, NatWest CEO Alison Rose stepped down with immediate effect on Wednesday after she admitted to a "serious error of judgment" in discussing former Brexit party leader Nigel Farage's relationship with the bank with a BBC journalist. ... NatWest has faced intense political and media scrutiny over a decision by its private bank Coutts to close Farage's accounts. An internal review .. showed Coutts' wealth reputational risk committee had said his values did not align with the bank's own. ... Some major NatWest investors are also applying pressure on the bank's chair Howard Davies to step down for mishandling the...

The Fed is becoming quite crafty when it comes to digital currency. They’re aware that it’s not popular, mainly because Americans are wary about handing control of their finances over to a government that could cut them off with a flick of a switch. So, in typical globalist fashion, they plan to “coax” you into using it by introducing the infrastructure as an option they know you’ll love. That’s precisely what they’re doing as we speak with this new FedNow program. This payment system, recently rolled out by the Federal Reserve, sets the foundation for the US government to essentially...

ANZ and NAB have announced they were no longer permitting cash withdrawals over the counter at some of their outlets as more banking is done online than with cash. The move comes after Queensland woman Taryn Comptyn was unable to withdraw cash from her local bank branch and ended up closing her account in a now-viral TikTok clip. 'They really did emphasise the need to call ahead if you're going to take out significant amounts of money,' she told Daily Mail Australia. 'If you're taking out amounts that are over $10,000, it's worth calling ahead to make sure that they...

Governor Ron DeSantis signs legislation to ban a federally adopted central bank digital currency. DeSantis was joined by Commissioner Wilton Simpson and President Kathleen Passidomo at Southwest Florida Public Service Academy at Fort Myers Technical College. Governor Ron DeSantis announced comprehensive legislation to protect Floridians from the Biden administration’s weaponization of the financial sector through a Central Bank Digital Currency (CBDC). The legislative proposal protects consumers and businesses from a federally controlled CBDC by: Expressly prohibiting the use of a federally adopted Central Bank Digital Currency as money within Florida’s Uniform Commercial Code (UCC). Instituting protections against a central global...