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Macully breaks down how the most avante garde neobanks are decoupling their card programs from the underlying sources of spending power. May this be the last card program migration you ever do!

Jeremy & Macully reflect on the optimistic tone at this year's Money2020. Plus, we break down that moment of tension right before a high risk high reward product bet.

Money2020, Macully's Superbowl, starts Sunday in Las Vegas. We discuss Stripe's acquisition of Bridge and the evolution of sponsor banking relationships to support large credit card programs.