marketcrash
bitcoincrash
pensions
nationaldebt
bubble
risk
debtcollapse
information technology
11/17/2023
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By Cassie B.
Bank payment processing outages highlight risks of relying on electronic banking
Last week, a number of American banks could not process payments for a few days, leaving some customers in a precarious financial situation as transfers and deposits failed and highlighting the risks of relying on electronic banking. The effects of the outages were far-reaching. Many people’s payroll direct deposits failed, leaving them unable to access […]
11/15/2023
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By Ethan Huff
Shipping containers piling up in Australia as ports hit by “nationally significant cyber incident”
Australia’s second-largest port operator has been hit by a cyberattack that paralyzed maritime freight movement Down Under. Australian Federal Police are said to be investigating the cybersecurity incident, which took down container terminals in Sydney, Melbourne, Brisbane and Fremantle. DP World Australia, which controls about 40 percent of Australia’s maritime freight industry, was forced to […]
11/10/2023
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By Ethan Huff
Banking system showing more signs of COLLAPSE as customers report widespread deposit delays
The private Federal Reserve banking and usury cartel is urging America’s banks to at least try to help customers across the country who are increasingly reporting problems with depositing their paychecks and other funds. In yet another display of America’s cracking financial system – when will the thing finally die already? – customers who use […]
11/08/2023
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By News Editors
Why are online banking services suddenly being disrupted on a massive scale all over the United States?
Should we be concerned about all of the problems that are suddenly erupting at our banks? U.S. banks have been shutting down hundreds of branches, they have been laying off thousands of workers, and as I discussed yesterday vast numbers of customer accounts are being unceremoniously shut down without any warning whatsoever. If all of that wasn’t bad […]
11/02/2023
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By Zoey Sky
Financial preparedness: What are the dangers of a “cashless” economy?
For modern shoppers, cashless payment methods may seem like a convenient and secure option. But if you want to avoid common risks like credit card fraud and digital systems that are vulnerable to cyberattacks, cash will always be king. (h/t to SHTFPlan.com) In the U.S. and other economies that have legal tender laws, only cash is […]
10/30/2023
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By Zoey Sky
Amazon prepares army of 750,000 ROBOTS to eliminate HUMAN workers
Amazon recently announced that it has “750,000 robots working collaboratively” with human employees. The company introduced two new robotic systems to speed up its deliveries, raising concerns among fulfillment center workers that the e-commerce giant might eventually reduce or totally replace its human workforce. In a blog post on Oct. 18, Amazon revealed that its […]
10/24/2023
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By Olivia Cook
SEC chairman: AI could cause FINANCIAL CRISIS in the next decade if left unregulated
Securities and Exchange Commission (SEC) Chairman Gary Gensler has warned that rapidly advancing artificial intelligence (AI) could cause a financial crisis that is “nearly unavoidable” in the next decade if left unregulated. According to the SEC chairman, the lack of diversity in AI technologies used by multiple institutions could one day pose a significant threat […]
10/23/2023
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By Arsenio Toledo
Sen. Durbin proposes bill to reduce credit card swipe fees – critics warn bill would increase credit card fraud
Democratic Sen. Dick Durbin of Illinois has once again filed a bill in the Senate that could limit the ability of banks and credit unions to implement anti-fraud technologies to protect users of credit cards. The Credit Card Competition (CCA) Act of 2023 claims to want to lower interchange fees. Also known as “swipe fees,” […]
10/20/2023
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By Olivia Cook
Nearly half of CEOs believe AI could, and should, replace them
A survey to gain insight into how professionals are preparing for the age of artificial intelligence (AI) has found that 49 percent of CEOs believe AI not only could – but should – replace them. Conducted by edX, the online leading education platform for upskilling workers, and the research firm Workplace Intelligence, the survey also […]
10/05/2023
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By Laura Harris
Tech firms developing and deploying AI that can deceptively MIMIC HUMAN BEHAVIOR
Technology companies are now developing and deploying artificial intelligence (AI) systems that deceptively mimic human behavior for a number of tasks. According to a report by the nonprofit consumer organization Public Citizen, such tasks include aggressively marketing products and services; dispensing dubious medical and mental health advice; and potentially ensnaring users in toxic relationships with […]
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