Fintech Thoughts

An Open Letter to Innovators: Apple’s NFC Decision and the Power of Persistence
FinTech, Touchless Payments, Mobile Payments, NFC, Apple, Google, Consumer Protection, Digital Innovation, Regulatory Challenges, Market Competition, Global Payments, Privacy and Security, Banking and Finance, Technology Law and Policy, CFPB, P2P Payments, Open Banking, Payments, Banking as a Service, BaaS, Card Issuing, Credit Cards, Prepaid Cards PayTech Labs FinTech, Touchless Payments, Mobile Payments, NFC, Apple, Google, Consumer Protection, Digital Innovation, Regulatory Challenges, Market Competition, Global Payments, Privacy and Security, Banking and Finance, Technology Law and Policy, CFPB, P2P Payments, Open Banking, Payments, Banking as a Service, BaaS, Card Issuing, Credit Cards, Prepaid Cards PayTech Labs

An Open Letter to Innovators: Apple’s NFC Decision and the Power of Persistence

In a world driven by ideas and innovation, moments like these are what we live for. After over a decade of advocacy and perseverance, Apple has finally opened up its iPhone’s NFC chip to developers—a decision that could reshape the future of mobile payments. As someone who’s been pushing for this change for years, often labeled as "crazy" or out of touch, this is a powerful reminder that our ideas matter. It’s a victory for innovation, competition, and consumer choice.

To all the builders and dreamers out there: this is your moment. The doors to a new era of innovation have opened—now it’s time to walk through them.

Read More
Unveiling the Potential of Bitcoin: My Personal Odyssey into the Future of Finance
FinTech, Bitcoin, Banking and Finance, Digital Innovation, Blockchain, Satoshi Nakamoto, Digital Currency, Crypto, Cryptocurrency, Fraud Prevention, Double-spend Problem, Global Payments, Adoption and Regulation, FinCEN, P2P Payments, Crypto-backed Cards, Payments Corey Glaze FinTech, Bitcoin, Banking and Finance, Digital Innovation, Blockchain, Satoshi Nakamoto, Digital Currency, Crypto, Cryptocurrency, Fraud Prevention, Double-spend Problem, Global Payments, Adoption and Regulation, FinCEN, P2P Payments, Crypto-backed Cards, Payments Corey Glaze

Unveiling the Potential of Bitcoin: My Personal Odyssey into the Future of Finance

This article details my transformative exploration into Bitcoin and digital finance, starting in 2013. Tasked with rethinking global money transfers and grounded in traditional payment methods, my initial skepticism towards Bitcoin, fueled by familiarity with the double-spend dilemma in payment systems, gradually gave way to an astonishing discovery. A thorough investigation into Bitcoin's mechanisms unveiled its elegant solution to the persistent double-spend problem.

Read More
Understanding PAN Enumeration Attacks: A Step-by-Step Breakdown
FinTech, Banking and Finance, Compliance, Consumer Protection, Payment Card Security, Digital Payment Systems, Fraud Detection and Prevention, Consumer Protection Tips, Business Security Solutions, Algorithm and Data Analysis, E-commerce Security, Payments, Banking as a Service, BaaS, Card Issuing, Prepaid Cards, Credit Cards Corey Glaze FinTech, Banking and Finance, Compliance, Consumer Protection, Payment Card Security, Digital Payment Systems, Fraud Detection and Prevention, Consumer Protection Tips, Business Security Solutions, Algorithm and Data Analysis, E-commerce Security, Payments, Banking as a Service, BaaS, Card Issuing, Prepaid Cards, Credit Cards Corey Glaze

Understanding PAN Enumeration Attacks: A Step-by-Step Breakdown

PAN Enumeration attacks are a complex threat in the digital transaction space. Understanding their methodology is key to developing effective countermeasures, requiring vigilance from both consumers and businesses. As technology evolves, so too must our strategies to combat these sophisticated forms of fraud.

Read More
CFPB Challenges Apple’s NFC Monopoly: A Push for Competition and Consumer Choice (UPDATED 8.15.24)
FinTech, Touchless Payments, Mobile Payments, NFC, Apple, Google, Consumer Protection, Digital Innovation, Regulatory Challenges, Market Competition, Global Payments, Privacy and Security, Banking and Finance, Technology Law and Policy, CFPB, P2P Payments, Open Banking, Payments, Banking as a Service, BaaS, Card Issuing, Credit Cards, Prepaid Cards, Fraud Detection and Prevention Corey Glaze FinTech, Touchless Payments, Mobile Payments, NFC, Apple, Google, Consumer Protection, Digital Innovation, Regulatory Challenges, Market Competition, Global Payments, Privacy and Security, Banking and Finance, Technology Law and Policy, CFPB, P2P Payments, Open Banking, Payments, Banking as a Service, BaaS, Card Issuing, Credit Cards, Prepaid Cards, Fraud Detection and Prevention Corey Glaze

CFPB Challenges Apple’s NFC Monopoly: A Push for Competition and Consumer Choice (UPDATED 8.15.24)

The Consumer Financial Protection Bureau (CFPB) has raised concerns about Apple's exclusive control over NFC technology in iOS devices, questioning its impact on competition and innovation in the mobile payment industry. Critics argue that Apple's monopoly limits consumer choices and hinders the growth of open banking. The issue has gained global attention, with entities like the European Commission also challenging Apple's restrictive NFC policies.

Read More

All Great Products Begin With Conversations…

Have a problem that you are trying to solve?
We can lend you some of our existing braincells to assist you in your mission.