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Fireside chat

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Visa frames itself as a centralized, high-performance layer two on top of fiat rails and cites $13 trillion card volume versus $120 trillion B2B and $18 trillion cash to argue networks need open entry points. Proposes open-sourcing issuer/acquirer stacks (ISO 8583 already open) so devs can run an issuer on my laptop, test BINs and auth logic locally, build developer cards that interrupt the auth stream, and speed features like real-time push notifications.

AI-written summary · about

  1. 0:00Introduction and meet-cute
  2. 1:26Visa’s role in fintech
  3. 4:35How developers interact with Visa
  4. 7:46Open sourcing payment processing
  5. 10:57Benefits of open source tools
  6. 12:20Developer card innovation
  7. 15:09Fintech acquisitions and expansion
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