ECONOMY MONEY AND BANKING

MasterCard launches Credit Card with Built-In Fingerprint Scanner

MasterCard has unveiled its brand new payment card that has a built-in biometric fingerprint scanner, allowing customers to authorize payments with their fingerprint, without requiring a PIN code or a signature.

If you want the new biometric card, you are currently required to go to your bank branch in order to have your fingers scanned and registered for the new tech. Your fingerprints will then be converted into an encrypted digital template that is stored on the card's EMV chip.

You can save up to two fingerprints, but both would have to be yours — you can not authorise someone else, even from your family, to use your card with their fingers.
READ MORE: http://thehackernews.com/2017/04/mastercard-fingerprint-payment-card.html

Libor: Bank of England implicated in secret recording

A secret recording that implicates the Bank of England in Libor rigging has been uncovered by BBC Panorama.

The 2008 recording adds to evidence the central bank repeatedly pressured commercial banks during the financial crisis to push their Libor rates down.

Libor is the rate at which banks lend to each other, setting a benchmark for mortgages and loans for ordinary customers.
READ MORE: http://www.bbc.com/news/business-39548313

Have Goldman Sachs & The Deep State Taken Over The Trump Administration?

The writing is on the wall and the message is not good. Trump will likely expand the war in Syria and increase tensions with Russia. The American empire is likely to implode under Trump’s watch, as he once again betrays many of the people who voted for him.

Hillary or Trump, we’d be getting the same thing. We had no real choice, and empires don’t reform. Prepare for impact. – From: The Imperial War Machine Marches Forward Under Donald Trump
READ MORE: http://www.thelastamericanvagabond.com/government/goldman-sachs-deep-sta...

New Zealand Welfare System to Blame for People not Taking Underpaid Terribly Shitty Jobs Being Offered by Greedy Assholes

A Northland horticulture firm director says employing locals does not make economic sense.

A Mapua cafe made the news this month when its owner revealed she had struggled for six months to get anyone interested in a kitchen job.

Patrick Malley, of Onyx Horticulture, said it was a problem that affected his industry, too. It was hard to get people to turn up for work.
READ MORE: http://www.stuff.co.nz/business/91047042/Welfare-system-may-be-to-blame-...

Billionaire Banker David Rockefeller, Former Head Of Chase Manhattan, Dies At 101

David Rockefeller, the famous banker and philanthropist with the family name that controlled Chase Manhattan bank for more than a decade and wielded vast influence around the world in the world of finance, has died on Monday morning at his home in Pocantico Hills, N.Y. He was 101.
READ MORE: http://www.zerohedge.com/news/2017-03-20/david-rockefeller-former-head-c...

Australia: Unemployment Rising, Underemployment Skyrockets

Professor Buchanan said Australia has one of the highest levels of part-time work anywhere in the OECD.

"People say that is a sign of how flexible our labour market is and people are getting more work life balance. But Australia also has one of the highest levels of underemployment – people who are part-time unemployed."
READ MORE: http://www.canberratimes.com.au/business/workplace-relations/underemploy...

Spain Sets Precedent — Charges Its Central Bankers in Court

First, Iceland, and now Spain has taken on the Big Bankers responsible for financial calamity, as the country’s highest national court charged the former head of Spain’s central bank, a market regulator, and five other banking officials over a failed bank leading to the loss of millions of euros for smaller investors.

This, of course, markedly departs from the mammoth taxpayer giveaway — commonly referred to as the bailout — approved by the U.S. government ostensibly to “save” the Big Banks and, albeit unstated, allow the enormous institutions to continue bilking customers without the slightest fear of penalty.
READ MORE: http://www.activistpost.com/2017/02/spain-sets-massive-precedent-charges...

The Davos Plan For Your Cash and Bitcoin

The war on cash is a war to eliminate physical money and drive all currency exchanges into the digital realm. For some bitcoin enthusiasts, this signals greater legitimacy and wider adoption. But for the war on cash to achieve the goals desired by states and central banks, the digital realm must be under state control and tightly monitored by authorities. Bitcoin, as a vehicle of personal freedom and independence, will be driven underground or gutted by regulation.
READ MORE: https://news.bitcoin.com/davos-plan-cash-bitcoin/

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