Title insurance is grossly overpriced relative to actual risks involved. Why is that?| Bits about Money
(a) Responsibility to Expedite Customer's Request (1) When a customer whose securities account is carried by a member (the "carrying member") wishes to transfer securities account assets, in whole or in specifically designated part, to another member (the "receiving member") and gives authorized instructions to the receiving member, both members must expedite and coordinate activities with respect to the transfer. (2) If a customer desires to transfer a portion of his or her account outside o...| www.finra.org
INTRODUCTION AND PLAN OF THE WORK.| www.gutenberg.org
How digital wallets work, and how payment costs drive a lot of product decisions inside and around them.| Bits about Money
This is outside of my usual software-oriented beat, but sometimes people are wrong on the Internet. Most recently, people have been wrong about payment for order flow, an esoteric topic in the investing industry which seems vaguely unsavory to Hacker News commenters, Michael Lewis [0], etc.| www.kalzumeus.com
The structural reasons why banks sometimes behave bizarrely in interactions with customers, like forgetting things which customers tell them.| Bits about Money
A brief retrospective on an attractive product First Republic used to offer, and a wider discourse on the banking crisis.| Bits about Money
Counterintuitively, businesses, customers, and society prefer having fraud to what they'd need to do to not have it.| Bits about Money
Know Your Customer policies at financial institutions have more nuance than you'd expect.| Bits about Money
Classic essay about how software routinely bumbles human names.| www.kalzumeus.com