Confusion abounds.. the fednow payment system is not Not NOT digital money. its a digital money transfer system updating the already in existence SWIFT wire transfer notification system
Hate to break it to you… But you are already in a cashless society. 80% of all transactions in the US are now done by either digital credit card or wire transfer. Cash is used to buy groceries, a drink or maybe dinner. They are not Not NOT replacing cash with this FedNow system. Because while you were sleeping they have already ended cash use in any transaction of significance….. SO…… A trillion dollars in illegal drug sales occur every year in the US on the user level. And that money is EASILY LAUNDERED INTO THE CASHLESS SYSTEM. I urge you to educate yourself so they don’t make you stupid….. Crypto currency hucksters should be worried,,, no you. See extensive links after the Pod Cast.
BlackMask Pod Cast Title:
They Are Not Replacing Cash with digital money This Month
Organizations that have completed certification in the FedNow Service
Participants
- 1st Bank Yuma
- 1st Source Bank
- Adyen
- Alloya Corporate Federal Credit Union
- Atlantic Community Bankers Bank
- Avidia Bank
- Bankers’ Bank of the West
- BNY Mellon
- Bridge Community Bank
- Bryant Bank
- Buffalo Federal Bank
- Catalyst Corporate Federal Credit Union
- Community Bankers’ Bank
- Consumers Cooperative Credit Union
- Corporate America Credit Union
- Corporate One Federal Credit Union
- Eastern Corporate Federal Credit Union
- First Internet Bank of Indiana
- Global Innovations Bank
- HawaiiUSA Federal Credit Union
- JPMorgan Chase
- Malaga Bank
- Mediapolis Savings Bank
- Michigan Schools & Government Credit Union
- Millennium Corporate Credit Union
- Nicolet National Bank
- North American Banking Company
- PCBB
- Peoples Bank
- Pima Federal Credit Union
- Quad City Bank & Trust
- Salem Five Bank
- Star One Credit Union
- The Bankers Bank
- United Bankers’ Bank
- U.S. Bank
- U.S. Century Bank
- U.S. Department of the Treasury’s Bureau of the Fiscal Service
- Veridian Credit Union
- Vizo Financial Corporate Credit Union
- Wells Fargo Bank, N.A.
Service Providers
- ACI Worldwide Corp.
- Alacriti
- Aptys Solutions
- ECS Fin Inc.
- Finastra
- Finzly
- FIS
- Fiserv Solutions, LLC
- FPS GOLD
- Jack Henry
- Juniper Payments, a PSCU Company
- Open Payment Network
- Pidgin, Inc.
- Temenos
- Vertifi Software, LLC
