Fintech Insider Podcast by 11:FS cover image

730. News: Is Apple a fintech now?

Fintech Insider Podcast by 11:FS

00:00

The Future of Open Banking

As a product built on open banking rails, it is not 100% reliable. It really struggles with edge cases. We always have believed that our role isn't actually building a card but actually we always described it as this idea of a financial membership. The nice thing about obviously the card network schemes is that there's a lot of acceptance. As much as people complain about it, they do work 99.99%.

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