# Fintech Recap: ALT5 Sigma, Increase & Fed Master Accounts

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Text version: https://stenobird.com/podcast/fintech-business-podcast-6417761/fintech-recap-alt5-sigma-increase-fed-master-accounts.md
Podcast: [Fintech Business Podcast](https://stenobird.com/podcast/fintech-business-podcast-6417761)
Published: 2026-08-05T12:59:00+00:00
Episode link: https://fintechbusinessweekly.substack.com/p/fintech-recap-alt5-sigma-increase
Audio file: https://api.substack.com/feed/podcast/209886803/9688043da35ec286e68ebfa97454e0e7.mp3
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JSON: https://stenobird.com/v1/public/podcasts/fintech-business-podcast-6417761/episodes/fintech-recap-alt5-sigma-increase-fed-master-accounts
Duration seconds: 4658

## Resource

In this episode, Alex and I had the chance to discuss: * The convoluted tale of ALT5 Sigma, MSwipe, Stradacarte and “no KYC” cards * Middleware provider Increase announcing it is launching a bank * The weirdness of Fed master accounts, which are back in the headlines * And, as always, what Alex and I just can’t let go of And a reminder, if you’re enjoying this show, please follow, rate & review on your preferred podcast platform, as it really helps others to find the show. And if you want to help support Fintech Business Weekly and independent journalism, upgrade to a paid subscription or reach more than 93,000+ listeners by sponsoring an episode. Get full access to Fintech Business Weekly at fintechbusinessweekly.substack.com/subscribe

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## Transcript

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