Digital payments magnify the need for regulatory integration

Digital payments magnify the need for regulatory integration

When news of the COVID-19 pandemic first hit, there were few who anticipated just how quickly life would change…

FedNow is taking over digital payments, what you need to know about it

Using the SAP Digital Payments Add-On for Electronic Payments

If you want to use SAP S/4HANA Cloud to process payment card payments and other digital payments, you have to connect it with your payment service providers using the SAP digital payments add-on. This video shows just how easy it is to set this up.

Learn more on the help portal at https://help.sap.com/viewer/product/DIGITALPAYMENTS/PROD/en-US

Integration of Financial Systems in Order to Achieve Centralized Control w/ David Haggith

In a striking move this week, the United Nations proposed the linkage of a Global Digital ID with depositors’ bank accounts, bringing the concept of “#DigitalID” to the forefront of global financial conversations. Simultaneously, the International Monetary Fund is pushing for an integration of Central Bank Digital Currencies (#CBDCs) to create a unified monetary system. These combined efforts underscore a larger goal – the integration of #financialsystems to achieve centralized control, which some fear could ultimately lead to a totalitarian state control #monetarysystem. Both the Digital ID and CBDCs are key components of this proposed framework, serving as building blocks for an interconnected and centrally controlled global financial system.

Today my guest, David Haggith of https://www.theDailydoom.com, joins us to share his thoughts and conerns on recent events in the monetary system and the breakdown of society with the “WOKE” epidemic taking over our country.

00:01:16 – Intro
00:02:48 – The Concerns of Bank Reserves and Stock Prices
00:05:26 – The Doom Loop of Negative Events
00:07:36 – The Fed’s End Game (Or Lack Thereof)
00:07:58 – The Difficulty of Overtaking the Dollar
00:10:37 – The Unlikelihood of Replacing the Dollar
00:13:11 – The Future of World Currency
00:15:46 – The Decay of Trust in the Federal Reserve
00:18:13 – The Push Towards Central Bank Digital Currencies
00:18:33 – Moving Towards Digital Currency
00:19:01 – Concerns about the Mark of the Beast
00:20:13 – Tagging Bank Accounts for Control
00:21:03 – Weird News and Dark Times
00:23:35 – The Speed of Technological Advancement
00:26:16 – Finding Opportunities amidst Uncertainty
00:28:45 – The Importance of Faith during Uncertain Times

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Most watched RTD interviews on the Dollar Demise:
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Regulatory Framework for ease of Digital Payments | LawWiser

Regulatory Framework for ease of Digital Payments | LawWiser | #InConversation

Digital payments are need of the hour. With advancement of technology, the regulations in this sector have been developing as a step by step process. There have been some key legal developments in this space focusing on regulatory sandbox for fintech, regulations of payment intermediaries by the RBI, regulations for prepaid payment instruments by the RBI among others.

#Watchnow this interesting video on #LawWiser on “Regulatory framework for ease of digital payments” with Ugen Bhutia, Legal Head, SBI Card. Our host Sania Husaini in conversation with Mr Bhutia explores the framework for digital payments. They discuss the development of this sector and important regulations that have played key role in its development. They also focus on regulations for payment intermediaries by RBI. Lastly, he also shares the changes that are required for further development of this sector. Watch this now to know all about regulations for digital payments!

#RBI #paymentintermediaries #paymentinstruments #digitalpayment #regulatorysandbox #fintech #fintechregulation