Remember that Discover is self-banked (unlike Visa/Mastercard that banks sign up with). This means that every credit line needs to be backed by… well … A bank.
Bigger banks mean more credit opportunities, better interest rates (etc. etc). Deeper credit lines.
What’s wrong with Capital One? I feel like Discover/Capital One / Diner’s Club network is a good thing for Discover customers.
Discover and Diners Club merged a few years ago btw. Discover also has an alliance with JCB.
So Discover network is actually really, really big.
Discover has an alliance with JCB. So that’s just Discover in the USA.
Ummmm.
ACH is how you get your paycheck, and it’s being updated to FedNow.
Zelle is an independent network as well.
And of course, there is Discover and AmEx.
There is also cash, check, money order. They still work today, just people largely forgot how to use them.
IIRC some Brazilian network was getting very popular off of this. If you want to look at non-US options.
There are plenty of competitors to Visa/Mastercard/Paypal.
I thought Patrick Boyle was a rap specialist music major?
Read with very high levels of suspicion: there’s a huge number of errors in this article.
The issues discussed seem surface-level troublesome to me. But they’re extremely weasel-words and/or exaggerated. I don’t think these guys have found a smoking gun, there’s a lot of problems with this code but…
The permission list doesn’t seem to match reality. The argument seems to be “TEMU code references these permissions, so they must try to get the permissions somehow”. These red-flag permissions aren’t on the Google Play store manifest however.
Very basic errors involving MAC Addresses and other fundamental computer concepts.
Etc. etc. The core problems here might be true, but I’ll need a more legitimate tech-site to go over the data and actually tell me what the problem is, because a lot of this “article” is just hyperbolic fluff.
Hacker News has been talking about it (a venture capitalist forum, not really about “Hackers” per se). https://news.ycombinator.com/item?id=37427008 . Good discussion so far.
This is obviously a “Bear” company blogpost that short-sells a stock and then publishes negative data on that company. So remember, if the stock price falls, this blog makes money. That’s their goal. I’m not saying that they’re wrong, or that the stock price shouldn’t fall, just remember that this is where the profits are for this “grizzly” company.
That’s why I’d personally like an Android developer / security specialist go over the claims and tell me if there’s actually a red-flag here or not.
Itch.io is currently saying the problem is Stripe, and maybe Visa.
Historically (ex: https://otakuusamagazine.com/visa-and-mastercard-refuse-to-work-with-another-doujinshi-retailer/), I’d say Mastercard and Visa are both to blame. But the jury is still out on wtf is going on here.
I’m not sure who pressured Steam. But Itch.io (https://aftermath.site/steam-itch-porn-censorship-collective-shout-visa-mastercard-paypal) is claiming Stripe and Visa are pressuring them.