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BRICS to create blockchain-based payment system – Putin aide

a month ago -

The BRICS group of emerging economies plans to create a payment system based on digital technologies, Yury Ushakov, a senior foreign policy aide to Russian President Vladimir Putin, has told TASS in an interview published on Tuesday.

(Article republished from YourNews.com)According to Ushakov, the system would be “outside of politics” and would not depend on national agendas or the fiat currencies of countries around the globe.

“We believe that an important goal ...

U.S. Treasury intercepts payment for “Police State” documentary ad campaign

November 12, 2023 -

Doing exactly what the film itself warns is becoming normalized, the Treasury, a federal government agency, blocked a transaction to the Salem Media Group, which produced "Police State."

The Financial Crimes Enforcement Network of the U.S. Department of the Treasury, which even more ironically enough is responsible for tracking terrorism and narcotics trafficking, decided to "intercept" a $106,000 payment that was intended to purchase ads for the D'Souza film.

The ...

Bank payment processing outages highlight risks of relying on electronic banking

November 17, 2023 -

The effects of the outages were far-reaching. Many people’s payroll direct deposits failed, leaving them unable to access the money they earned. ACH payments also failed to process, which resulted in late fees. There were also duplicated withdrawals, which left many customers in a bind after their money was taken out twice for a single transaction. Between Wells Fargo, Chase and Bank of America, there were almost a million failed transactions in total.

A precise cause ...

US Treasury Department intercepted payment for “Police State” documentary ad campaign

November 08, 2023 -

(Article by Cindy Harper republished from ReclaimTheNet.org)

With its recent premiere, both online and in theaters across the US, Dinesh D’Souza’s chilling production digs into the deeply troubling evolution of an escalating police state targeting the common citizen; the unprecedented political persecution orchestrated under the Biden regime is uncloaked for all to see. Thousands eagerly tuned in – made possible by a partnership with Dan Bongino – as the true extent ...

JPMorgan to launch biometric payment system as next step in Orwellian financial surveillance

a month ago -

The country's biggest bank will be using PopID for the project, a technology that uses facial recognition and other methods to verify the identity of an individual.

Pilot projects are already underway, with one of the first trials taking place at the Formula 1 race in Miami. More trials are planned for this year, with a broad rollout expected to follow next year.

According to JPMorgan, this approach will be safer and quicker than traditional methods of authentication ...

Starbucks teams up with Amazon to launch BIOMETRIC payment system in certain locations

May 17, 2023 -

According to Reclaim the Net, the program will be launched in selected Starbucks stores in the city of Edmonds in Washington state. The pilot of the Amazon One system will serve as a bellwether to determine whether older people will embrace the new technology.

As of writing, the use of the biometric payment system at Starbucks locations remains voluntary and other payment options are still available. But reception of Amazon One has been mixed so far, with attendants reporting ...

Dedollarization efforts continue as India pushes Gulf crude exporters to accept payment in rupees

a month ago -

The move stems from fears that India's rising energy demand could have the effect of weakening the rupee further. This is because refiners in India have to sell rupees and buy American dollars for settling crude payments. India currently depends on imports to supply more than 85% of its crude needs, which means that the country is essentially at the mercy of foreign exchange conversions to American dollars.

India is also hoping to leverage its crude consumption increase by ...

Biden’s $6 billion ransom payment to Iran motivates Hamas to take more American hostages

October 17, 2023 -

Under the deal, $6 billion worth of Iran’s assets that had been frozen in South Korea were unfrozen and transferred to bank accounts in Qatar in exchange for the release of five detained Americans. While the Biden administration insists that the money may only be used for humanitarian efforts, it means that a considerable amount of money has been freed up and Iran is now in a better position financially to support the terrorists.

In addition to freeing up billions of ...

BRICS nations to create independent blockchain-based payment system as part of sweeping dedollarization infrastructure

a month ago -

BRICS is a geopolitical bloc that is made up of Brazil, Russia, India, China, South Africa, Iran, Ethiopia, the United Arab Emirates and Egypt. It was originally an alliance of emerging market nations, but recent additions have placed some more developed, higher-income countries on their roster.

Relying on blockchain will simplify payments by authenticating them in real time with a decentralized network. The technology is already used for digital currencies such as Bitcoin ...

Illegal immigrants leaving U.S. hospitals with BILLIONS in unpaid medical bills

a month ago -

According to Customs and Border Protection data, illegal immigrants at the U.S. border have surged by 48 percent since the record in fiscal year 2021 and nearly tripled since fiscal year 2019. Last year alone, over 3.2 million apprehensions were recorded, setting a new record for illegal border crossings.

Recent Centers for Medicare & Medicaid Services data revealed that total Medicaid costs for emergency services for undocumented aliens surpassed $7 billion in fiscal year ...

Trump’s fraud case bond payment reduced to $175 million, delaying AG James’ efforts to seize assets

22 days ago -

This is the ruling of a New York appeals court that decided Trump has just 10 days from March 26 to pay the $175 million bond for his civil fraud case.

Back in February, Manhattan Supreme Court Judge Arthur Engoron ordered Trump and his co-defendants, which include his two adult sons and several former Trump Organization executives, to fork over $460 million in damages and interest for making fraudulent valuations of Trump's business assets.

The appellate court's ruling ...

Manhattan DA warns of MOBILE PAYMENT FRAUD: Two taps and someone’s life savings could be gone

2 months ago -

Reportedly now handling an estimated $1 trillion in payments, Bragg said these apps are exposing its users to scammers and thieves – costing them a lot of their hard-earned cash.

The DA addressed the letters to the parent companies of Venmo, Cash App and Zelle. In his letters, Bragg demanded the app owners and operators "improve their security and protect their users from scams and thefts." He specifically requested that they "impose limits on transactions, require secondary ...

The Dr. Hotze Report: Texas Legislature passes several ANTI-WOKE bills – Brighteon.TV

June 22, 2023 -

Cheshire said the Lone Star State had some real wins in the form of bills that protect children from the woke left, and Hotze mentioned Senate Bill (SB) 15 as an example. The bill authored by Republican State Sen. Mayes Middleton protects women in college athletics from being erased by biological male competitors. He noted how the bill states that men cannot compete against women in women's sports. According to Hotze, this makes perfect sense as men and women are built biologically ...

FTX legacy? JPMorgan explores blockchain-based deposit token as new payment vehicle… backed by the bank itself

September 14, 2023 -

According to a person familiar with the work who asked not to be identified, America's largest bank by assets has already developed the majority of the underlying infrastructure for the new payment vehicle to work. It is just waiting on final approval from U.S. regulators before actually creating the token. But the source said that once JPMorgan gets the approval, it will likely launch the product for use by corporate clients within a year.

"Deposit tokens bring plenty ...

Amazon rolling out PAY-BY-PALM services as new payment tech at all Whole Foods Market stores

July 25, 2023 -

Initially launched in 2021, Amazon One will be fully operational for both payment and Prime membership benefits to more than 500 upscale grocery chain locations in the U.S. by the end of this year. Instead of conventional payment methods, customers will simply hover their palms over an Amazon One device to complete transactions.

The advanced palm recognition technology that creates a unique palm signature for each user, launched one of its newest features – the integration ...

Electronic message from Hunter Biden demanded payment from Chinese businessman: ‘I am sitting here with my father’

July 02, 2023 -

An IRS whistleblower provided members of the House Oversight Committee with a WhatsApp message from Hunter to Chinese businessman Henry Zhao that directly implications Joe Biden as being in the same room at the same time with his son as he demanded payment.

Breitbart News reported this week:

Henry Zhao was influential in forming Harvest Fund Management. “He was elected the chairman of the board in November 2017. Under his leadership, Harvest has become one of China’s ...

Business STOPS whenever electronic payment systems go down – because nearly everything is digital and internet-based these days

September 13, 2023 -

Roughly 64 million small businesses rely on Square to process credit card transactions, generate sales reports, evaluate profit percentages and manage their inventory. When the system goes down, so does the business itself.

During the outage, which occurred midday on September 7, businesses that rely on Square were stuck unless customers paid in cash. Since so few customers pay with cash these days, there was very little business taking place that day at Square-run ...

To keep the bubble market INFLATED before the CRASH, Zillow is now offering 1% down-payment home loans

August 30, 2023 -

As you may recall, the banks started offering all sorts of bizarre, subprime mortgages right before the markets went off a cliff. Some of those loans were confiscatory while others involved seriously risky adjustable rates.

To make a long story short, the whole thing imploded in time, and we are once again watching the same pot start to boil over as those who hold the purse strings of the American economy bring us into the late stage of the bubble before it bursts.

For ...

The cost of a monthly mortgage payment for a typical U.S. home has NEARLY DOUBLED in just four years

a month ago -

A typical buyer now pays nearly $2,200 a month, with a 10 percent down payment on a house. This means that home ownership in the U.S. now costs well above the 30 percent of median income that was once thought to equate to an "affordable" cost for housing in America.

The situation is made worse by the fact that the 30-year fixed-rate mortgage is hovering around seven percent. Zillow Senior Economist Orphe Divounguy noted that, with prices rising by leaps and bounds, homeowners ...

Utility bills in America hit RECORD HIGHS as heating a home becomes a “luxury”

January 26, 2024 -

A new report from the National Energy Assistance Directors Association (NEADA) reveals that U.S. household utility debt hit a new record high as a disturbing number of Americans can no longer afford to heat and cool their homes without taking out a loan.

NEADA says that one out of every six ratepayers is currently behind on energy bills. Residential utility debt also hit a new record last year: $20.3 billion.

Since the start of the Wuhan coronavirus (COVID-19) ...