General Fintech & Banking Articles Megathread

[SebH]

PS: There’s more on all this in the following old thread.

Maestro

This is an interesting one. Lemme start by throwing out some background to this problem: There are two paradigms of running a payments network: most payment cards these days (Mastercard, Visa, American Express, …) use what’s called a “dual-message” system, while Maestro is the most prominent “single-message” card these days. Single-message is really simple: when you walk into a store with a Bunq card (Maestro, single-message), you swipe your card, and the money moves from your account to the …