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FinTech Prof

Ben Weiss

Demystifying complex financial concepts and exploring how technology is transforming financial services for professionals, technologists, and curious minds alike.

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Substack
PricingOnly free issuesPublishesDaily
Issues52Foundeda year agoLast Issue7 months ago
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Latest Issues

The Eurodollar Market: When Dollars Live Overseas

In 2008, I went with some friends for the weekend to Siem Reap, Cambodia—home to the magnificent Angkor Wat temples and, at that time, an incredibly inexpensive place to visit. We arrived prepared to deal with the local currency, the Cambod...

7 months ago
4
3

Float Capture: How Banks Make Money on Settlement Delays

In our earlier Float Series, we explored how sophisticated operators create value through strategic temporal management—from the Dutch East India Company extending capital deployment timelines to Herb Kelleher borrowing against Southwest st...

7 months ago
1

The Plumbing of Dollar Movements

Picture this: It's 3:47 PM on a Tuesday afternoon. Someone just Venmo'd you $2,000 for your share of last weekend's vacation rental. You see the notification, check your balance, and the money is there instantly. Within minutes, you're tran...

8 months ago
3

Instant Gratification, Batch Reality: The Engineering Choice That Defines Every Payment App

In 1975, chemical engineer Forrest Parry had a problem. He was working at IBM on a new type of payment card that could access bank accounts directly, but the magnetic stripe technology kept failing. After months of frustration, his wife sug...

9 months ago

The Day $5 Trillion Stopped Moving

At 8:46 AM on September 11, 2001, Federal Reserve officials in New York were starting what should have been an ordinary Tuesday morning. From their offices just blocks from the World Trade Center, they had a clear view across Lower Manhatta...

9 months ago

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    Builder/Operator, Strategist and Investor operating at the cross roads of Financial Services and Technology

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