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IBM and SWIFT for global financial messages
Dec 20, 2021
ibm.com
1:34
BRICS nations have unveiled a new financial messaging system (FTS) to challenge SWIFT's dominance. Amb Williams Wallace, Chairman of Afrikan International Chambers of Commerce & Industry, said this aims to reduce reliance on the US dollar and Western financial systems. The FTS will streamline cross-border payments and remittances among BRICS countries and potentially others, promising greater financial autonomy and reduced vulnerability to Western economic policies. #BRICS #FTS #FinancialIndepen
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How do fraudsters use text messaging to try to lure you into financial scams? 📵 Learn how you can be aware of fraud by listening to our newest podcast episode! https://hubs.li/Q02WZ_DN0 #fraudalert #fraudawareness #scam #scammers #fraudprevention #finance #onlinesafety | Leaders Credit Union
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