finfrastrcuture

5 ms·

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by finfrastrcuture 2y ago
isn't this misguided? good regulation would go after why sites are designed to be addictive / target children - targeted ads.
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Card Networks Settle with Merchants- capping fees for next 5 years(marketwatch.com)
1 points by finfrastrcuture 2y ago|0 comments
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by finfrastrcuture 3y ago
I understand this would theoretically stop the CCCP from getting info on US Consumers, but is there anything to this that actually limits the data collected? I assume not.
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by finfrastrcuture 3y ago
Parenting is so tough to discuss. Nothing is ever a best (or even 'right') answer. I agree with this take, with a "yes, and" - I worry about apps / video games for children also stunting imagination. Yes, in a game
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by finfrastrcuture 3y ago
The problem is fraud + disputes. Who's liable for people sending money to fraudsters? For letting fraudsters operate on the platform? See the fraud issues of Zelle, which is basically a free money moving service comparable to FedNow. T
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by finfrastrcuture 3y ago
Mastercard actually has higher coverage internationally.[0] [0] https://wallethub.com/answers/cc/is-visa-or-mastercard-bette...
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by finfrastrcuture 3y ago
I doubt the existing products will change anytime soon given existing contracts, brand promises, etc. The impact will likely only be new products.
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by finfrastrcuture 3y ago
totally agree. but an amex focused on the non-affluent demographic. I think this actually increases competition in an area the FTC/CFPB cares about!
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by finfrastrcuture 3y ago
This is a generally unsurprising event to industry, but exciting nevertheless. Cap One and Discover both focus on the nearprime / subprime / thin credit / credit invisible segments (think people who have bad credit, expats, s
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by finfrastrcuture 3y ago
Agree, but let's not pass over that this is a great first step!
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by finfrastrcuture 3y ago
My grandfather invented / designed the bullets for the Phalanx. The dumbed-down idea is that smaller bullets with high kinetic energy can be more devastating to armored targets than larger, slower bullets releasing chemical energy. He
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by finfrastrcuture 3y ago
The showrunners agonized over making the show historically accurate vs fitting the story into a TV format. It sounds like they traded the minor details to get the broad brushstrokes right - and especially dissect the themes around hubris, w
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by finfrastrcuture 3y ago
Can't find the referenced blog post, but find it surprising that Amazon is allowing badges in its checkout instead of biometrics (the whole point of their 'just walk out' check out experience).
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Amazon check out allows badges instead of biometrics(pymnts.com)
2 points by finfrastrcuture 3y ago|2 comments
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by finfrastrcuture 3y ago
I'm not one to wear a tin-foil hat, but the timing of this piece is interesting. the Credit Card Competition Act (CCCA) may be lumped into the upcoming spending vote [1]. basically, this would end card rewards under the premise that me
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by finfrastrcuture 3y ago
some airlines have already done this, having fully owned subsidiaries. consider Lufthansa and their "Miles and More" subsidiary. that said, I doubt airlines will ever fully relinquish control over their loyalty programs - they are
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by finfrastrcuture 3y ago
I think a nuance that's lost is the difference in addiction between a pharmacological substance vs a behavior. "Brain scans" and their equivalents will do a much better job revealing the former than the latter. That doesn&#x2
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by finfrastrcuture 3y ago
that seems like the right answer... however, the payment itself is almost besides the point. the tricky part is the scheme / governance surrounding payments. who is liable for what, preventing fraud, etc. these large payment actors + t
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by finfrastrcuture 3y ago
the entire reason FedNow exists is because (simplifying somewhat) the large banks launched their own real-time payments system (RTP through the Clearing House) and small banks in the US lobbied the govt HARD to get a government option out o
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by finfrastrcuture 3y ago
regarding the 'feeling for robots' line of thought...perhaps modern technology has made the trope of "creator and creation" too tangible and muddied what was once an effective metaphor about life, spiritual relationships
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by finfrastrcuture 3y ago
Its a precaution for when you turn the bed into a safe zone, they don't re-infest the bed (provided you are being super careful about what you're putting on your bed).
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by finfrastrcuture 3y ago
Less of his full agenda, but here's an article I felt was helpful on the current state of Belarus: https://www.nytimes.com/2022/03/30/magazine/belarus-mural.ht...
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by finfrastrcuture 3y ago
Frauds like this one all-too-often wrap and camouflage themselves in some social good. Its so revolting, and brings down not only the cause but the people suffering from whatever the subject is (e.g. students applying for financial aid, can
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by finfrastrcuture 3y ago
Getting hung up on the transactional piece of this is tragic. Ukraine constitutes a society that has embraced (evidenced by their revolution, stiff resistance so far, etc.) enlightenment values - the worth of an individual, a rules based so
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by finfrastrcuture 3y ago
That said, EVs must be economically sustainable for everyone for society to reap the environmental gains. Otherwise switching from ICEs to EVs won't work.
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by finfrastrcuture 3y ago
I'm by no means a BNPL advocate, but this isn't true. BNPL providers have proliferated because they offer the merchant a new avenue to win new businesses (aka get consumers who wouldn't buy to buy) and in exchange receive a h
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by finfrastrcuture 3y ago
This reminds me of Brazilian banks which have introduced "Street Mode" to secure your banking app while out of the home: https://www.riotimesonline.com/brazil-news/brazil/nubank-wil...
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by finfrastrcuture 3y ago
Fact. But you left out the part where it turns out they've been right about their exposes. Its like with Private Equity. A part of me hates the concept and much of what's out there, but when done correctly it brings efficiency to
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by finfrastrcuture 3y ago
Half Life: Alyx
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by finfrastrcuture 3y ago
It stands for "Environmental, Social and Governance" - basically, a for-profit entity incorporating these factors into business decisions. The argument is that since companies exist in societies and have externalities beyond finan

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