📚 Introducing the Lithic Legal Library:
A free repository of legal and compliance templates, based on best practices for card programs. The library is open for all companies to use.
Read 's blog about it for more details.
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Card issuing built for developers.
Lithic’s Tweets
Always nice to be in good company with many partners, customers, and friends on this list.
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Introducing the Embedded Fintech 50! #EF50 
Embedded Fintech is what we see as the next phase of fintech innovation, and the 50 honorees demonstrate investors' enthusiasm for this sector's growth and opportunity.
Check out the full list: embeddedfintech50.com
Embedded Fintech is what we see as the next phase of fintech innovation, and the 50 honorees demonstrate investors' enthusiasm for this sector's growth and opportunity.
Check out the full list: embeddedfintech50.comShow this thread
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We’ve also made updates to our Node.js and Python libraries in an effort to provide a smoother developer experience.
We currently have two more client libraries in alpha (Go and Ruby) and expect to have a Kotlin-specific package available soon.
docs.lithic.com/docs/api-libra
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☕️ Introducing our Java client library
It provides developers convenient access to the Lithic API for Java-based applications. Using this library will reduce the time and effort required to build card products on our platform.
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As an honoree of the Embedded Fintech 50, Co-Founder & CEO Bo Jiang shares life advice and how lithic is reimagining the card issuing space, making it easy for companies to issue credit and debit cards. #EF50
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Huge congrats to our customers & partners who also made the list 🤝
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🚀 Lithic was named to the Embedded Fintech 50 by
!
We're breaking the mold by providing enterprise companies with a flexible, scalable, and developer-friendly card issuing platform that can handle the scale and complexity they need.
Quote Tweet
Introducing the Embedded Fintech 50! #EF50
Embedded Fintech is what we see as the next phase of fintech innovation, and the 50 honorees demonstrate investors' enthusiasm for this sector's growth and opportunity.
Check out the full list: embeddedfintech50.com
Embedded Fintech is what we see as the next phase of fintech innovation, and the 50 honorees demonstrate investors' enthusiasm for this sector's growth and opportunity.
Check out the full list: embeddedfintech50.comShow this thread
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This article by + at gives a fantastic breakdown on the different consumer cards that firms can avail, why choose one specific type of card over another, and a fantastic breakdown of the card stack at the end.
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1/ This holiday, is giving you the gift of OFAC compliance insights.
and I chat with former OFAC head John Smith.
He usually charges a bazillion dollars an hour, but you can get his insights for free by downloading our podcast!
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Reading this post by Nawar at reminded me of my experience with telecom operators. Extremely detailed post but a few comments
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Honored to be recognized as the Best Card Issuing Platform in 's 2022 Embedded Awards!
We spent a lot of time investing in our platform this year and creating a library of 40+ guides to make it easier to build and manage card programs.
More:
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The last big essay of 2022 just dropped and it's a good one 👀
Choose Your Own (Card Issuing) Adventure
Sponsored by and done in collaboration with my friends at .
Check it out 👇
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Had a blast collabing on this piece with & .
Can confirm Alex is insanely talented and joy to work with. This card issuing deep dive is unlike any fintech resource you’ll find on the internet.
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The last big @FintechTakes essay of 2022 just dropped and it's a good one 
Choose Your Own (Card Issuing) Adventure
Sponsored by and done in collaboration with my friends at @lithic.
Check it out 
workweek.com/2022/12/15/cho
Choose Your Own (Card Issuing) Adventure
Sponsored by and done in collaboration with my friends at @lithic.
Check it out
workweek.com/2022/12/15/cho4
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Far too kind!
I had tons of fun working with you, , and the rest of the crew at on this essay.
I learned A TON in the process. Card issuing is a completely fascinating space!
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Check out sponsored deep dive on card issuing in 's newsletter 👇🏽.
Tons of info on card issuing, how it works, and the evolution over the last few decades.
Plus a guest appearance from our GTM Strategy Lead 🔥
Quote Tweet
The last big @FintechTakes essay of 2022 just dropped and it's a good one
Choose Your Own (Card Issuing) Adventure
Sponsored by and done in collaboration with my friends at @lithic.
Check it out
workweek.com/2022/12/15/cho
Choose Your Own (Card Issuing) Adventure
Sponsored by and done in collaboration with my friends at @lithic.
Check it out
workweek.com/2022/12/15/cho3
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1/ Ho Ho Ho — Here's a helpful treat from the and to help you kick off your holiday season. Perfect for reading on your phone while you sit on the couch and watch a holiday movie like Die Hard.
Also, a thread . . .
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Anyone else lie awake at night thinking about BINs???
Knowing the nuances of BINs is critical as you're scoping out your card program and there's very little info out there. we've just published the definitive explainer on all things BIN.
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For folks who haven't BIN there and done that, the ever-amazing wrote a fantastic guide to BINs
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Understanding how BINs work and proper BIN selection can have a huge impact on your card program's design, speed to market, and interchange potential.
Fantastic primer on this from 👇
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🪪 New guide on Bank Identification Numbers (BINs)
Some of the first major decisions you’ll make with card programs revolves around BINs. In this guide, covers:
- BINs & BIN ranges
- BIN types
- Shared vs. Dedicated BINs
- BIN sponsorship
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One of the most underrated fintech blogs today is 's
Great explainers on foundational topics
Fantastic work from and team
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🚀 HUGE congrats to our customer on their latest raise. It's exciting to see them expanding their small business banking platform so quickly.
Very proud that we're part of that journey!
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Spotted in this week's Fintech Takes:
👉🏽Open the Banking Floodgates by : bit.ly/3GDjsi1
👉🏽Maximizing Interchange by : bit.ly/3GABhy7
If you don't yet subscribe to 's newsletter, you should def check it out!
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We are proud of our Head of Innovation, Rodrigo Suarez, and our innovation team at Piermont Bank for their expertise. Piermont Bank is committed to delivering fast flexible products and partnering with Fintech innovators to offer creative solutions.
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We recently chatted with at about virtual card usage in the online travel space.
If you'd like to learn more about how OTAs are using virtual cards, check out this blog we wrote earlier this year: blog.lithic.com/ota-payment-ch
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.@Visa aims to generate more revenue from online travel payments by expanding the use of virtual cards, as part of the card network's initiative to drive "new flows" from existing payment frameworks. @lithic trib.al/lDtxgQ6
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Today on , we welcome Rodrigo Suarez, Head of Innovation at !
We cover:
👉🏽 How banks view fintech landscape
👉🏽 What he looks at during program review
👉🏽 Tips for bank+fintech relationships
🔊: bit.ly/3V6DJk3
🗣
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Understanding interchange is crucial for anyone playing in the card space. We get A LOT of Qs about it .
Unfortunately, most stuff you find online is fairly superficial.
So we wanted to fix that:
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Another must read from our GTM folks
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1/ Because we cut our teeth on Privacy.com, cards are in our DNA at Lithic and we've built up a lot of expertise.
Today, we're sharing some of those insights with you, including tips from our experts on how to maximize your interchange revenue.
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That's all for now! For more insights on interchange, check out our guide.
Back to the top: twitter.com/lithic/status/
Special thanks to , , and a host of other Lithic experts that aren't on Twitter for contributing their insights!
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Then there's the card network resources:
1) 2022-2023 Mastercard US Region Interchange Programs and Rates
mastercard.us/content/dam/pu
2) 2022 Visa USA Interchange Reimbursement Fees
usa.visa.com/content/dam/VC
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3) What is Interchange? How Fintechs Earn Revenue from Credit and Debit Cards
Written by us (lol), but really good resource. Explains the basics of interchange fees and how it works.
In our defense, we have really good taco charts.
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Interchange is a major revenue driver for many fintechs.
In this guide: the economics of interchange fees, their role in the payments market, and how founders can earn interchange by offering card products.
e.g. virtual cards, physical cards, BNPL
blog.lithic.com/interchange
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2) Fintech and Regulatory Arbitrage by .
Really informative resource, absolutely recommend it to anyone wondering why BaaS providers/fintechs partner with Durbin-exempt banks vs large banks.
tanay.substack.com/p/fintech-and-
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Giving credit where it's due, there are a lot of good resources we used to learn about the nuances.
1) Children of Durbin by . Amazing resource on intersection of Durbin + interchange + you get this awesome chart (who doesn't like charts???)
kunle.app/feb-2022-child
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We found several blogs on this topic that were mostly geared to community banks and credit unions. And we felt the ones targeted at fintechs were just too limited.
So we wrote this guide specifically for fintech operators looking to maximize interchange.
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💳 Introducing our guide on maximizing interchange
It includes actionable insights for maximizing interchange on 4 card programs that you won't find anywhere else (prepaid, charge, debit, credit).
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