This #banking #api is pretty cool: https://increase.com/ I imagine this would make all kinds of #companies possible!
As #predicted , #russia is now #forced to get into bed with #china 's #ccp and their #banking #system https://www.zerohedge.com/geopolitical/r.. That move was likely #checkmate for #putin - the #ccp will very likely #capitalise on this moment as #russian 's are now completely #dependant on the whims of #china . Scary times.
Ouch, the #imf wants to start looking at your #internet #history to judge your #banking #creditscore https://www.extremetech.com/internet/326.. That's not scary or invasive at all - I cannot see any possible way this ends #freespeech - something #banks are *already* doing by denying business to companies like #onlyfans and #pornhub for example.
@barray on Fri Jul 30 14:06:21 UTC 2021 said: &e#paypal are about to increase their fees, probably in part to pay for #research #collaboration with the #adl https://lowendbox.com/blog/paypal-rates-.. It's really quite concerning when their #goal is to limit access to #banking to people with certain #politcal views - a form of #censorship[ within its own right.Hmm, #paypal have apparently partnered with the #adl to 'fight #extremism ': https://www.lotuseaters.com/anti-defamat.. It seems like an overreach for a glorified #bank - a service that people *need* in order to be able to survive. In the past prominent figures such a #tommyrobinson have entirely lost *all* access to banking, apparently in modern times some opinion mean you lose the right to use money, despite not being imprisoned.
Very good move my the #uk 's #bank #bankofengland https://www.itnews.com.au/news/bank-of-e.. Relying too much on a specific #cloud provider could be absolutely catastrophic to the #banking infrastructure.