Lithic Blog | Card Issuing, Fintech Education and Product Updates

How Online Travel Agencies Use Virtual Cards to Simplify and Scale Payments

Managing payments can be complex and inefficient for online travel agencies. Discover how OTAs are using virtual cards to simplify and scale payments.…

Education

Fintech Guide to Payment Card Fraud

Fraud is a challenge that all companies offering financial services need to learn to deal with. In this guide, we explore card program fraud in detail.…

Legal

How to Build and Scale a Compliance Team

In this guide, we provide guidance on how to build a compliance organization from scratch, covering everything from staffing to responsibilities.…

Education

Fintech Guide to Building a Compliance Program

Compliance can feel like a black box to many fintech operators. In this guide, we explain how to approach building a compliance program.…

Legal

Fintech Guide to Building U.S. KYC/KYB Operations

This guide explains common KYC requirements and highlights areas that you’ll likely need to consider as you build up your KYC operations.…

Customer Case Studies

Gordian Software uses Lithic to offer virtual cards and fuel 10X growth

Gordian Software uses Lithic to add virtual cards into its API. The company has since grown 10X and is processing 8-figures in annual transaction volume.…

Legal

Lithic Legal Library: Free Legal Templates for Card Programs

Introducing the Lithic Legal Library — an open repository of legal and compliance templates that are free for all companies to use.…

Product

Product Update - May 2022

In this update: Python client library launched, preview of upcoming releases, and Startup Search featured us on their list of Top 30 Fintechs.…

Legal

Explainer on Fintech AML Requirements

AML laws require fintechs to have programs and tools in place to detect/prevent money laundering. This explainer helps you navigate what’s needed.…

Education

Chargeback Guide for Fintechs

This guide is designed to help fintech founders understand the intricacies of chargebacks and how to build a strategy to manage them effectively.…

General

Partners in Growth: Founders & Operators Must Work Together

Lithic's Head of Marketing, Clarissa Horowitz, speaks at Fintech is Femme about why startups thrive when founders and operators partner together to drive growth.…

Product

Build cards faster with our Python client library

We launched a Python client library to make it easier for developers to build card products using the Lithic platform.…

Product

Product Update: April 2022

In this update: our new Lithic Dashboard, unlocked virtual cards for Starter, and API improvements. Plus features in Crunchbase and The New York Times!…

Product

Introducing the New Lithic Dashboard

Today we launched the new Lithic Dashboard, a tool for developers and cross-functional users to configure, monitor, and browse their card programs.…

Legal

Explainer on Gift Card and Promo Card Rules

Gift cards and promotional cards are like prepaid cards that come pre-loaded with a specific amount of money. In this blog, we explain how these cards are regulated.…

Legal

Explainer on The Prepaid Rule for Fintechs

If you’re issuing cards, you’ve likely heard about prepaid cards. But why are so many fintechs offering these products? And why is the prepaid card market valued at over $1.73 trillion?…

Education

What is Interchange? How Fintechs Earn Revenue from Credit and Debit Cards

Explore the economics of interchange fees, their role in the payments market, and how founders can earn interchange by offering card products.…

Education

Explainer on the Electronic Fund Transfer Act & Regulation E for Fintechs

In this blog, we break down the EFTA and Regulation E for fintechs. These are federal laws that protect consumers when they transfer funds electronically.…

Product

Product Update: March 2022

In this update: JavaScript client library, Auth Rules, new KYC/KYB workflows, PINs on digital wallet cards, and more.…

Product

New Ways to Onboard and Verify Your Customers

We’re introducing new Know Your Customer (KYC) and offerings that will streamline the way you onboard and verify customers. We’re also adding Know Your Business (KYB) workflows.…

Product

Announcing Authorization Rules, Now Available in Beta

Today we’re launching Authorization Rules (Auth Rules), another tool to help customers manage transactions on their cards. You can use these card controls let you allow or block transactions from specific countries and merchant types, as well as enable ZIP code checks on transactions.…

Team

Lithic Caps Year of 10x Growth with Appointment of New CFO

Lithic hires former Bread and AMEX Executive Steven Goran to help Lithic Prepare for Massive Growth in 2022. Today we announced Steven Goran as Lithic's Chief Financial Officer.…

Product

Build Your Card Program Faster with the Lithic Node.js Client Library (Beta)

Our mission is to make it easier for anyone to build and launch card products. Today, we’re launching a server-side JavaScript client library that gives developers tools to build on Lithic even faster.…

How Lithic is Taking a Page Out of Amazon’s Strategy Playbook

Lithic made an Amazonian move recently. If you haven’t heard about the company, that’s OK. It just became Lithic. Before that, it was Privacy.com.…

Education

Crypto and Fintech: A World of Opportunities at the Intersection

Should fintech leaders go “all-in” on crypto and Web3? Or, should they play it safe and stay out of the fray? There’s a third way: the combination of crypto with best-in-class fintech.…