“In the name of fighting terrorism financing, a new U.S. Senate bill threatens to force private corporations to monitor your financial activity and empowers government to seize all your assets if you fail to comply with the new law. Even failure to fill out one form is license for the federal government to take everything you have. …If the bill becomes law, Americans would be subject to a whole host of government intrusions. One little slip-up would open a Pandora’s box of governmental inquiry into your financial life,” says Peter Reagan, a financial-market strategist at Birch Gold Group. “For example, failing to complete a single reporting form would result in the government being granted abilities to freeze and seize not just a portion, but the entirety, of your assets. The bill even goes so far as to include the contents of safety-deposit boxes.”-Source
Looks like Satan is getting a little worried and hurried in his final agenda because he knows that if the people have access to cash they can avoid the mark of his beast that his man of sin in Rome is about to enforce. As one of many students of prophecy, this is why I created a page titled “the expected cashless society” on the site many years ago about the Pope’s plan to make sure all cash is removed from society or at the very least digitized so as to control every dime. Continue reading
“For some, it’s a dream come true: The ability to walk into a grocery store, grab anything you want off the shelves, and simply walk out. There’s no need to wait in line at a busy cash register. Your bank account will be automatically debited when you leave the store. It’s magical. …So the day is coming when people will be able to pull up to cashier-less stores in their driverless car, leaving their cashless wallet at home. All they will need is their smartphone and Amazon’s new app, called Amazon Go. The first Amazon Go pilot store is already open to the company’s employees in Seattle and it will open to the public in January. …While super convenient, Wood and others are cautioning to let the buyer beware. What you gain in convenience, you will lose in privacy.” –Source
Still think a cashless society is impossible? With this new app and literal storefront, you don’t even need to have your credit card on hand. Your cell phone is all you need! You just walk into the store with the phone and it tracks your every move and everything you literally pick up off the shelf so that when you walk out of the store your bank account can be instantly debited with whatever you purchased! Continue reading
China has just got its first airport facial recognition system, reports Shanghai Daily.
The system was developed by domestic company Shanghai Doudian Technologies, in collaboration with the Ministry of Public Security’s Third Research Institute. The system takes travelers’ photos at security checkpoints within the airport, linking their faces to their boarding passes. When passengers then board their planes, a final biometric scan compares their faces against the previously collected information, acting as an additional security check. Continue reading
Interior Minister Arye Dery announced on Thursday that starting next year, joining the biometric database will be obligatory.
“From now on anyone obtaining a document from the Interior Ministry, whether an ID card or a passport, will receive a biometric one. We’ve decided on having this database and we’ll soon decide what will be included in it,” Dery said at a ceremony marking the millionth person to join the biometric database, which was held at the new Population and Immigration Authority office in south Tel Aviv. Continue reading
NEC Corporation is testing out a biometric payment solution at its main office building in Tokyo.
It’s based on facial recognition, linking individuals’ faces to their payment information. In a trial project that started at the end of last month and is expected to run until the end of August, NEC employees are paying via face scan at small shops in the building of its head office in the city. Continue reading
The fallout from the Brexit vote continues to rock the European financial system. On Wednesday, the British pound dropped to a fresh 31-year low as confidence in the currency continues to plummet. At one point it had fallen as low as $1.2796 before rebounding a bit. As I write this, it is still sitting at just $1.293. Meanwhile, the problems for the biggest banks in Europe just continue to mount. At one point on Wednesday Credit Suisse hit an all-time record low, and German banking giant Deutsche Bank closed the day at an all-time record closing low of 12.93. Overall, Europe’s Stoxx 600 Bank Index closed at the lowest level in almost five years. What we are watching is a full-blown financial meltdown in Europe, but because it is not personally affecting them yet, most Americans are not paying any attention to it. Continue reading
US-based computer vision specialist Sighthound has launched a new facial recognition system for mobile applications. The company is presenting its eponymous app at the CVPR conference in Las Vegas this week.
The software enables not only facial recognition, but also face detection and tracking, and all via live video feeds. At the CVPR conference, Sighthound is demonstrating the technology on an iPhone 6 and an iPad Pro, but the company says its software isn’t restricted to iOS. It’s marketing it to OEMs interested in bringing such technology to mobile applications, with CEO Stephen Neish asserting in a press release that the company’s aim “is to make computer vision easy to use – that now includes customers who want to deploy solutions on mobile devices.” Continue reading
DAVAO CITY, Philippines – “It’s all doable. It’s just a matter of doing it.”
This was President-elect Rodrigo Duterte response to a 10-point wishlist presented to him by businessmen on Tuesday, June 21.
“Sulong Pilipinas,” a two-day forum held in Davao City, gathered some 450 businessmen who came up with recommendations for the incoming Duterte administration on how to improve the country’s economy and business environment.
The recommendations include improving the country’s transportation network, reduction of corporate and personal income tax, a national ID system, and improving Internet connection all over the country. Continue reading…
The banking password may be about to expire — forever.
Some of the nation’s largest banks, acknowledging that traditional passwords are either too cumbersome or no longer secure, are increasingly using fingerprints, facial scans and other types of biometrics to safeguard accounts.
Millions of customers at Bank of America, JPMorgan Chase and Wells Fargo routinely use fingerprints to log into their bank accounts through their mobile phones. This feature, which some of the largest banks have introduced in the last few months, is enabling a huge share of American banking customers to verify their identities with biometrics. And millions more are expected to opt in as more phones incorporate fingerprint scans. Continue reading…
The one state that has gone complete anti-democratic is Oklahoma. It is wise not to travel in that state at all. Oklahoma should be on a no-fly zone. Now, Oklahoma police can outright seize everything you have from debit cards to bank accounts on a traffic stop without any criminal charges being filed. If some policeman thinks you’re doing something illegal, your life is over. Without money, you cannot hire a lawyer and they can just rob everything you have on a whim.
The Oklahoma Highway Patrol has introduced a device called Electronic Recovery and Access to Data (ERAM) that allows police officers to seize money in your bank account or on prepaid cards. State police began using 16 of these machines last month, and now the police have become literal highway robbers. This makes the traffic cops in Russia, who you can bribe to go away if they pull you over for a speeding ticket, as a far more civilized arrangement. Here, they can rob you of everything. Continue reading…