Saturday, February 8, 2025

EXCERPTS FROM MARKZ, 9 FEB

 EXCERPTS FROM MARKZ

MZ: I have had so many messages from bank personnel today that have told they are working tomorrow. These are lower level, mid level,

 teller level who have no idea what’s going on but have been called into work this weekend.  Could it have something to do with updates or a change in bank systems?

MZ: Or does it have something to do with the Fed migration? 

“ Preparing for the Fedwire migration to ISO20022 in March 2025” 

This is the full migration on the Us banking system to ISO20022 …maybe it has something to do with that? I don’t know. But it’s interesting that I got it from many bank sources.

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