The Central Bank to NINA: The expansion of electronic payment operations will push towards the adoption of electronic signature in Iraq, 30 MAY

 The Central Bank to NINA: The expansion of electronic payment operations will push towards the adoption of electronic signature in Iraq

Wednesday 29 May 2024 17:31 | Economical Number of readings: 340  Baghdad / NINA / The Central Bank of Iraq stressed the importance of proceeding with the adoption and implementation of the electronic signature project in Iraq.

Deputy Governor of the Central Bank, Ammar Hamad Khalaf, said in a statement to the National Iraqi News Agency ( NINA ): “The expansion of the use of electronic payment operations will impose the need to implement the electronic signature.”

He added: "The need for paper signatures in government transactions and official papers will diminish in the future, until the need disappears completely with the expansion of the use of electronic payment processes and electronic signatures in daily transactions. There will be an obligation to amend laws or implement previous legislation related to electronic signatures."

Last March, the Ministry of Communications announced that 90% had been achieved in the electronic signature project, which aims to include Iraq in the list of countries in the world whose electronic transactions are recognized as reliable, upon adopting the electronic signature in these transactions, which can be issued to any citizen or governmental or private entity.

Desiring to obtain it by obtaining the internationally accredited electronic certification certificate, which will be issued by the Ministry of Communications in accordance with the law.

She explained: “Adopting the electronic signature in administrative and financial transactions in Iraq will contribute to simplifying procedures and supporting the government’s orientations towards digital transformation. And reducing financial and administrative corruption.”/End 5 https://ninanews.com/Website/News/Details?Key=1129504

Iraq Goes Live with Temenos Core Banking and Payments BY ARIEL, 30 MAY

 ArieL 

Iraq Goes Live with Temenos Core Banking and Payments

Iraq has gone live also in conjunction with the US. The National Bank of Iraq has gone live with Temenos core banking and payments, aiming to develop new products faster and optimize the customer experience. 

Following this announcement, the National Bank of Iraq (NBI), which is a part of the Capital Bank Group, has successfully launched Temenos core banking and payments.

This integration will focus on meeting the needs, preferences, and demands of customers in an ever-evolving market, while also prioritizing the process of remaining compliant with the regulatory requirements and laws of the local industry.

Darin Eardly   , Temenos. It is all connected QFS, stopping the clowns in our government from laundering money, demanding real representation not the one-way street all for them. Thanks for the information. 

T+1 settlement about to be T+0, stablecoins Mica all together.

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Prayer Barn   Looks like Iraq will be one the 1st with a secure banking system shutting down money laundering. That’s fantastic news. I’m sure it will quickly spread and other nations will follow.

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Joshua :  It’s happening~

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Gianna    Iraq is owning the world. 

"IMF ANNOUNCED THE 2024 ARTICLE IV CONSULTATION WITH EXCHANGE RATE OF DI...

The British Ambassador: We have a desire to strengthen Iraq's friendship and support it in reconstruction , 30 MAY

 The British Ambassador: We have a desire to strengthen Iraq's friendship and support it in reconstruction        

Economy News – Baghdad  The British Ambassador to Iraq, Stephen Charles Hutchin, confirmed, on Wednesday, during his meeting with the President of the Republic, Abdul Latif Jamal Rashid, his country’s desire to strengthen cooperation with Iraq and provide support in construction and reconstruction.

The Presidency of the Republic stated in a statement, seen by Al-Iqtisad News, that “President of the Republic, Abdul Latif Gamal Rashid, received, today, Wednesday, at Baghdad Palace, the British Ambassador to Iraq, Stephen Charles Hutchin.”

According to the statement, Rashid stressed "the importance of strengthening bilateral relations between Iraq and the United Kingdom, expanding the horizons of economic, investment and technological cooperation, and joint work to confront climate and environmental changes."

He pointed out that "the security and political stability that the country is witnessing and their positive repercussions on the economic, service and living aspects," stressing Iraq's keenness to establish balanced relations with its regional surroundings in accordance with the principles of good neighborliness and in a way that preserves its security, stability and national sovereignty.

For his part, the British ambassador affirmed his country's "desire to strengthen relations of cooperation and friendship with Iraq and support it in the sectors of economic and social development, construction and reconstruction."   Views 87 05/29/2024 - https://economy-news.net/content.php?id=43839

Wednesday Evening News with MarkZ , 30 MAY

Wednesday Evening News with MarkZ 

Some highlights by PDK-Not verbatim

MarkZ Disclaimer: Please consider everything on this call as my opinion. People who take notes do not catch everything and its best to watch the video so that you get everything in context.  Be sure to consult a professional for any financial decisions

Member: Good Wednesday Evening…..the week is half over now. 

Member: Anything exciting tonight Mark?

Member: Anything from your bond contacts today?

MZ: One of my two sources that expected money on Tuesday checked in …Their appointments wer punted and now money is expected Thursday 

Member: They have to be so frustrated and angry by now at all the lies and delays…..I know we are. 

MZ: I know some that had appointments later today and hopefully I will get news from them  Once we know that an individual historic bond holder has money – we will know its indeed rolling out .

MZ: Well, MilitiaMan had a good one this afternoon. He talked about their digital  transformation and their new cash denominations. This is important. Around minute 12-15 they talk about it….Sudani again makes the comment that the dinar will be more valuable than the dollar. I love that one.  Be sure to go watch , like and share his videos. 

Member: I wonder -will the iqd be stronger then the Kuwaiti dinar?

MZ: That’s a good question. Sudani and others have mentioned ver the last few years the dinar will be “back to its former glory” as the most valuable currency in the world….So if its going to be the most valuable currency in the world…it would have to be higher than the Kuwaiti dinar. 

Member: How much is the Kuwaiti dinar worth right now?

Member: It seems to fluctuate around the mid $3 range. 

Member: Friend from Iraq with family there ie uncles, aunts etc; “it’s coming, major rate change” everything Militia Man says is true. And Mtn Goat.

Member: I heard directly from the CE that the fiat dollar will crash around June 15-28!!

MZ: In world news: “Zambia to emerge from debt default as bondholders back $3 Billion restructuring”  Emerging economies are suddenly restructuring their debt left and right. And debts are also being forgiven…This is very interesting.  I  believe much of the world thinks something is about to change. 

Member: Everyone have a great night. Suddenly our blessing will come…..and I believe its soon. 

CBD Gurus join the stream tonight.. Please listen to the replay for their information. 

“THE CONTENT IN THIS PODCAST IS FOR GENERAL& EDUCATIONAL PURPOSES & NOT INTENDED TO PROVIDE ANY PROFESSIONAL, FINANCIAL OR LEGAL ADVICE. PLEASE CONSIDER EVERYTHING DISCUSSED IN MARKZ’S OPINION ONLY”

Odysee at: https://odysee.com/@theoriginalmarkz:e OR THE RUMBLE CHANNEL: https://rumble.com/user/theoriginalmarkz

Note from PDK: Please listen to the replay for all the details and entire stream….I do not transcribe political opinions, divisive social commentary,medical opinions or many guests on this stream……just RV/currency related topics.

​TO GET THE “REAL MARKZ ACCOUNTS”, TWITTER, YT, RUMBLE, TELEGRAM ROOMS, AND FOR MARK’S DAILY LINKS TO HIS WEBSITE: https://theoriginalmarkz.com

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GUYS YOU CAN FIND ALOT OF INFO AT MARK'S WEBSITE: GO TO: https://theoriginalmarkz.com/home

"IMF ANNOUNCED THE 2024 ARTICLE IV CONSULTATION WITH EXCHANGE RATE OF DI...

"THE WORLD TRADING MAP IS CHANGING RAPIDLY" BY GOLDILOCKS, 30 MAY

 GOLDILOCKS

"Thailand will apply to become a member of the BRICS economic bloc, the government of the Southeast Asian country announced on Tuesday." 

To give you an idea how important this move is. Vietnam is the largest trading partner with Thailand at the present time. This could shift when they become a market economy in July adding to the ability to trade with the US as well. 

It is just simply important to note that the world Trading Map is changing rapidly. As we have discussed before, 80% Plus trades are done across the waters. This is more than enough of a percentage to change exchange rates on a global scale. 

This is also why the World Trade Organization is reconfiguring trade exchange rate percentages and plans on presenting them to us the second half of this year. 

Watch the water.

© Goldilocks

https://www.bignewsnetwork.com/news/274388060/brics-receives-new-membership-bid#google_vignette

https://www.trade.gov/country-commercial-guides/vietnam-trade-agreements#:~:text=Since%202022%20Vietnam%20is%20also,Philippines%2C%20Singapore%2C%20and%20Thailand.