Explore the economics of interchange fees, their role in the payments market, and how founders can earn interchange income by offering card products.

In this episode, Reggie, Matt, and Scott demystify card networks and explain different core functions, its implementation, and its future in financial or payment institutions. Scott talks about core functions related to card issuance, acquiring and acceptance of payments, and additional services beyond the network operations. He also brings up the challenge of managing everything with the diversity and limitations in networks, while emphasizing the huge influence of technology to the growth of fintechs in Utah.

The launch of our OpenAPI 3.0 definitions will make the Lithic API more accessible and user-friendly for developers. Our goal is to provide a better developer experience and make building products on the Lithic platform easier and more efficient.

Today, we’re launching the Lithic Disputes API, a new tool that enables customers to submit and manage disputes programmatically. Using the API, customers can submit disputes, upload evidence, receive real-time updates on a dispute's status, and issue refunds to cardholders when a dispute is won.

Reggie Young and Matt Janiga interview Alex Johnson, creator of the newsletter Fintech Takes, and Jason Mikula, writer of Fintech Business Weekly. Alex and Jason talk about CFPB regulations, fintech competition, and customer choice.

We've released improvements that enable customers to launch templated physical cards in just a week, a 2-3x improvement over traditional templated setups. Our new process uses lightly customizable templates and eliminates steps that can lead to errors and design delays.

In this guide, you’ll learn how to evaluate card issuing providers and issuer processors, which criteria to include in your RFP, and get access to a downloadable card issuing RFP template.

Shipped this month: Lithic Events Platform, faster templated physical cards, and transaction object improvements.

Today, we’re launching our Events API and Webhooks, a powerful new tool to help you manage webhooks and events across our issuing platform.

This episode tackles FRAML (Fraud and Anti-money Laundering) essentials for fintechs like investment costs & mistakes, weak spots fraudsters exploit, and issues when tackling fraud and AML. Reggie, Matt, and Trisha Kothari discuss fundamental concepts and people you should have in your business, while juggling investing, getting ROIs, losing money, and finding growth and innovation in the Fintech field.

In this Episode, Robin Poore, VP of Capital Markets & Treasury at BlueVine, talks about the purpose and effect of capital markets for fintechs. He explains the process lenders go through when approving loans through different avenues and emphasizes the qualities fintechs should watch out for in funding partners.

New releases: transaction events and decline reasons in the dashboard, a Java client library, updates to our Node.js and Python libraries, and sandbox improvements to support additional transaction lifecycle testing.

The Lithic Java client library is now available. It provides developers convenient access to the Lithic API for Java-based applications and allows you to execute a wide range of common operations faster and more efficiently. Visit our GitHub page to start using it.

Matt Janiga and Reggie Young interview John Smith, a partner at Morrison Foerster and the former Director at the Office of Foreign Assets Control (OFAC). John talks about sanctions, the functions of OFAC, and what sanctions Fintechs can expect.

In this update: faster timelines for physical cards, improvement to list transactions requests, settlement API closed beta, and three new guides.

When you’re building a card program, one of the first major sets of decisions you’ll make is around Bank Identification Number (BIN) sponsorship.

Matt Janiga and Reggie Young conduct an interview with Rodrigo Suarez of Piermont Bank. He shares insights about how bank sponsors work with fintech companies and how these banks view the fintech landscape.

In this guide: 6 principles about interchange and how to maximize interchange revenue on debit, credit, charge, and prepaid card programs.