Interconnected monitoring and manipulation.
Photo: KCO

The path to total financial control.

DIGITAL IDENTIFICATION

Six of the U.K’s largest banks have joined forces to support the development of a “reusable digital identity network”, marking a significant step towards streamlining biometric verification across financial services and potentially other sectors.

The initiative, coordinated by U.K Finance, brings together Barclays, HSBC, Lloyds Banking Group, Nationwide Building Society, NatWest Group, and Santander U.K.

Their goal is to “…create a secure, interoperable system that enables customers to verify their identity using credentials already held by their bank”.

Rather than repeatedly uploading passports, driving licences, or proof of address each time they open a new account or access a service, customers would be able to “share verified identity information” directly from their banking app.

The approach, they say, is designed to “reduce friction during onboarding” while “strengthening protection against fraud”.

The proposal builds on obligations of “robust identity verification” as part of their Know Your Customer (KYC) and ‘anti-money laundering’ obligations.

By allowing customers to reuse verified credentials across multiple organisations, the industry hopes to “create a more efficient and trusted digital identity ecosystem”.

Boy, oh boy.

According to U.K Finance, the project has successfully completed a proof of concept and is preparing to move into a controlled live pilot.

The initial phase will focus on financial services, although the longer-term ambition is to establish a framework that could be adopted more widely across the private sector.

Importantly, the banking initiative is separate from the U.K Government’s own digital identity programmes. It does not seek to establish a government-issued Digital ID or a single national identity system. Instead, it leverages the “trusted identity ecosystem” that banks already participate in hold – the building blocks for future public sector developments.

For example, companies such as OneID have demonstrated how bank-verified identity can be reused securely across multiple services, operating within the U.K’s Digital Identity and Attributes Trust Framework.

The ‘industry collaboration’ aspect of Digital ID aims to expand on these foundations by establishing ‘common standards’ and ‘wider interoperability’ across major institutions.

If successfully deployed, the ‘reusable identity network’ could become an important component of the U.K’s broader digital infrastructure.

The announcement reflects growing momentum behind these ‘solutions’ internationally, as governments and financial institutions look for more ways to verify individuals online.

Including in Australia, where our financial institutions have also taken the same path towards more cyber credentials and surveillance hotpots.

The centralised puppet masters are slowly setting the stage for a shakeup of money itself.

BANKING TRANSFORMATION

It is no secret that society has been drifting closer and closer towards a cashless society for many years now, and as a result of these manipulated consumer habits, the foundation was built for the future of our digital economy – and the new-age control systems it will bring.

We have already seen numbers disappear from bank cards, ATMs be removed at concerning rates, branches close in Australia, and the dystopia of screens and codes replacing tangible money – not that the fiat currency scam was legitimate to begin with.

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Some of our biggest banks are moving ‘into the cloud’, as a new era of AI-driven virtual infrastructure systems come to rule our lives – and threaten it.

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Like the U.K, we have already seen our banks move towards the ‘digital identity ecosystem’.

Our four major banks in Australia – Commonwealth Bank (CBA), National Australia Bank (NAB), ANZ (through ANZ Plus) and Westpac – are now offering well over 10 million customers the ability to “verify themselves and securely share their data” via ConnectID.

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We have already seen the Reserve Bank of Australia (RBA) looking to establish use cases for a central bank digital currency (CBDC), in collaboration with the Digital Finance Cooperative Research Centre (DFCRC) and the banks mentioned above.

Reserve Bank launches centralised digital currency pilot program
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All they need is the right catalyst to fully bring in these new centralised digital systems.

Australian financial regulators have already revealed a recent review of the nation’s preparedness and management arrangements for “future banking turmoil”.

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The show is certainly about to get more interesting, folks.

But it doesn’t just stop at Digital ID, virtual tokenised currencies, and mass surveillance.

From there, your money will become ‘smart’ – editable, changeable.

Zone restricted, with expiry dates, and other forms of AI-enhanced manipulation.’

Think this is a ‘conspiracy theory’?

The Federal Reserve Bank of New York and Bank for International Settlements (BIS) recently published a joint study that explores how central banks could “continue to implement monetary policy operations in hypothetical tokenised wholesale financial markets”.

“Programmable Money”: How Central Banks May Implement ‘Smart Digital Currencies’
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And if you don’t comply?

Well, we have seen what recently happened in Vietnam – with 86 million accounts deactivated or frozen by the state bank for refusal to comply with Digital ID.

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The U.K, Australia, United States, and most of the Western world are heading down this path, while the Chinese and Russian alternatives are not any better.

Just like the transformation from gold to fiat, we now go from fiat to digital – a calculated plan of control for generations reaching the final form.

The easiest way to make people comply with the NWO agenda will be through finances, as people submit their biometric information to continue living, eating, and affording bills.

This is the scenario they want, and it must be avoided at all costs.