Month May 2024

Payments

The Illusion of the Digital Wallet: How Your Phone Hijacked the Card Network

You leave your house to run a few errands. You have no physical wallet. No cash. No credit cards. Just your phone. You buy a coffee, tap your phone against the reader, and walk out. You grab a train, tap…

Core Banking

The Borrowed License: How Neo-Banks Access Banking Infrastructure Without Becoming Banks

You download a modern application with a minimalist interface. You pass your phone camera over your driver’s license, type in your identification details, and seconds later, you have a checking account. You are issued a routing number and an account…