Hacker News with Generative AI: Payment Systems

Kraken Teams Up with Mastercard to Introduce Crypto Debit Cards (coindesk.com)
Crypto exchange Kraken is teaming up with Mastercard to let crypto holders in the UK and Europe spend their digital assets at more than 150 million merchants worldwide, Mastercard announced.
Elon Musk Is Trying to Get Control of Key Payment System–At Any Cost (newrepublic.com)
A top-ranking official in the U.S. Department of the Treasury is resigning after a fight with Elon Musk over a sensitive payment system.
How to build 99.999% uptime payment systems (alvaroduran.com)
In May next year, I’ll be in WebExpo, in Prague, to give a talk on how to build payment systems, and I’d love for you to be there. You can find all the info here.
Private Crypto vs Public Digital - battle over currencies and payment platforms (cacm.acm.org)
Governments have been creating public “fiat money”—financial instruments such as paper notes used to buy goods and services or repay debts, with no backing from physical assets such as gold or silver—for more than 1,000 years.
Is this the end for the magnetic stripe? (bbc.com)
Apple Discontinuing Apple Pay Later (9to5mac.com)