Excited to share my latest blog post: "The Global Financial Stack: A Guide to Modern Payment & Banking Architecture." ??? We explore the intricate layers that connect the global banking and payment systems, providing you with a clearer understanding of how everything works together seamlessly. ?? What You'll Learn: ??? Licensed Banking Layer - How traditional banks power the entire system - Why traditional banks cannot be phased out by fintech - Key global payment networks (SWIFT, RTGS, SEPA) ? Licensed Non-Bank Layer - Roles of EMIs, Payment Institutions, and MSBs - Nuances between the various licenses - Overview of regional licensing frameworks ?? Distribution & Application Layer Navigating market saturation with innovation Choosing the right fintech partners Balancing innovation with regulatory compliance ?? Listen to the podcast here: https://lnkd.in/gHYGUyHN #Fintech #Banking #Payments #RegTech #Compliance
