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  <title>Episode 297 - A New Era for Card Issuing, with Nikil Konduru, Lithic</title>
  <description>Drew Edmond and Chris Uriarte chat with Nikhil Konduru, Chief Commercial Officer at Lithic, to discuss modern card issuing infrastructure and where the market is headed. They break down the issuing stack and discuss issuer-side tools to improve authorization outcomes, reduce fraud and servicing costs, and increase transparency. The conversation also covers cross-border approval and economics, and explores agentic commerce via Nikhil’s “Intent Toll Booth” thesis: liability drives control, issuers may demand intent data, and regulatory and network rules may need to evolve. </description>
  <author_name>Payments on Fire™</author_name>
  <author_url>https://glenbrook.com/payments-on-fire-podcasts/</author_url>
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