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Cool. Great company, more competition among the payment networks should result in better and less expensive products. Maybe Discover will finally achieve its po
by the_optimist 1y ago
Cool. Great company, more competition among the payment networks should result in better and less expensive products. Maybe Discover will finally achieve its potential.
- IAmBroom 1y ago> "more competition among the payment networks" The exact opposite of what's happening.
- the_optimist 1y agoHow? The Discover network will be substantially better positioned to influence visa mastercard and amex, which are each expensive and oligopolistic. You know anything about this, or just spitballing here?
- toomuchtodo 1y agoAll payment roads eventually lead to FedNow instant payments. https://fintechtakes.com/articles/2025-03-25/the-pay-by-bank-breakthrough/ https://fintechtakes.com/articles/2025-03-25/the-pay-by-bank... https://20392958.fs1.hubspotusercontent-na1.net/hubfs/20392958/Whitepaper%20-%20US/matera-pix-by-the-numbers-q4-2024.pdf https://20392958.fs1.hubspotusercontent-na1.net/hubfs/203929... (page 4 specifically) (work at a fintech, thoughts and opinions my own)