The American Bankers Association confirmed ISO20022 migration

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News Date: January 6, 2022

The American Bankers Association has confirmed to the Federal Reserve on Monday that it supports a plan to migrate to ISO20022 on a single day but said it has "serious concern" regarding the lack of detail about the plan.
They recommend that the Board and Reserve Banks provide test accounts for financial institutions to use during this process.
They also recommend The Board and Reserve Banks provide the detailed and final ISO standard for their messages on the SWIFT MyStandards site as soon as possible.
Source: www.aba.com

Russia calls on BRICS for economic integration

Russia calls on BRICS countries for tighter economic integration:
the use of BRICS currencies for export-import,
the integration of payment systems and cards,
their own financial messaging system,
and the creation of an independent BRICS rating agency,
according to Russian Finance Minister Anton Siluanov.
Source: www.reuters.com

Amazing new US Dollar Concept design

A new US dollar concept may finally replace the currency with a modern design that tackles issues with counterfeiting and bill destruction. Designed by Andrey Avgust, this concept features a bold design that modernizes every bill in circulation. The US dollar concept replaces the traditional material with multiple layers of transparent polymer and updates the images to play off the translucent material.
Not only does the US dollar concept revamp the design of the currency, but it also adds extra layers of security. A unique PGP encrypted QR code will be included on every bill making counterfeiting nearly impossible. The polymer construction is also much harder to mimic effectively, as well as being incredibly hard to tear or break.
Source:demilked.com

President Trump Is Protecting Vulnerable Seniors

President Trump and his Administration are following a four-part strategy to provide additional protection to our most vulnerable seniors.
"We are deploying every tool, resource, and power at our disposal to protect our seniors and Americans of every age and background."
NESARA Section 5: Increases benefits to senior citizens.
Fact sheets:twitter.com

SWIFT plans new service, Digital EURO on the horizon

SWIFT announced plans for a new service to help banks improve the experience for small and medium-sized enterprises (SMEs) and consumers who send low-value payments across borders. The service will enable these bank customers to make faster, easier, predictable and competitively priced payments all around the world.
The European Central Bank (ECB) announced that it will start conducting experiments to decide whether to launch a digital euro. In a report setting out the pros and cons of launching a digital euro, the ECB said that it could support the Eurosystems objectives by providing citizens with a safe form of money in the fast-changing digital world.
Sources:www.swift.com, www.euronews.com

Egypt is expected to join BRICS

Egypt plans to issue yuan-denominated bonds worth more than $500 million - Finance Minister Mohamed Maait.
Russia is negotiating the use of Mir payment card with several countries, including Egypt.
There are reports of Egypt preparing apps to join BRICS.
The president of the BRICS International Forum expects Turkey, Egypt, and Saudi Arabia to join the group "very soon".
Source: reuters.com