The King of Swamp Castle

The King of Swamp Castle

What we’re experiencing in FinTech is a Cambrian explosion of personal and B2B financial apps and services. From wealth-advising robots to cheap equity trading platforms to mortgages in minutes, we are facing a world in which middlemen and women are being replaced by code. But this code has creaky foundations. Zenefits was built upon – and was sued by – an old-guard payroll company. Many modern financial companies are still sending CSV files to central repositories using arbitrarily secure systems. Hackers stole $80 million from SWIFT – a platform that banks use to move money overseas –....


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