Viewing profile — finfrastrcuture

isn't this misguided? good regulation would go after why sites are designed to be addictive / target children - targeted ads.

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.

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 st…

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 basica…

Mastercard actually has higher coverage internationally.[0] [0] https://wallethub.com/answers/cc/is-visa-or-mastercard-bette...

I doubt the existing products will change anytime soon given existing contracts, brand promises, etc. The impact will likely only be new products.

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!

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…

Agree, but let's not pass over that this is a great first step!

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 tha…

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 brushstroke…

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…

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…

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 relinqu…

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 reveali…

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…

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 t…

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 meta…

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).

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...

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 t…

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.) enlight…

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.