TAFU: Why the American Superpower Just Became a Global Meme

Imagine sitting in a high-security vault within a bank’s SWIFT department. Your screens are bleeding red as every transaction from the Gulf flags as “delayed.” Outside, the world thinks this is a war of missiles, but you know it is a war of liquidity. This is the TAFU era—Trump Always Fs Up*—and the man holding the trigger just called the Governor of California the President. Consequently, the “Madman Theory” has shattered because the world no longer fears the man; they are simply confused by him. The Macro-Economic Reality: A Superpower Isolated According to Reuters, the United States currently faces a … Continue reading TAFU: Why the American Superpower Just Became a Global Meme

pacs.008 Fields Explained in Simple English

When money is sent across borders under ISO 20022, banks use a structured message called pacs.008. In this article, we’ll have the pacs.008 fields explained for better understanding. This message is the ISO 20022 replacement for the old MT103 and is used for customer-to-customer international payments. A pacs.008 contains two main parts: This post explains the second part, using simple language and clear examples anyone can understand. Credit Transfer Transaction Information (Section B) This section describes everything about one single payment: Below is a table showing each ISO 20022 field, a simple description, and a clear example. Understanding Each Field … Continue reading pacs.008 Fields Explained in Simple English