When you make a payment, your money doesn’t reach the destination bank account straight away. Instead, it goes through an underground railroad of payment providers and intermediaries to reach its destination.
In traditional banking, this process is expensive and slow, but new fintech players are changing the system.
In this episode, you’ll hear from Justin Xiao how fintech company Railsbank is solving this problem, and how tiny snippets of code called APIs tie technology companies together.
Learning notes from this episode:
Say hi to Justin Xiao on LinkedIn here.
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(Photo by Omid Armin on Unsplash)
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