Spyke
angrywaffle
piefed.social

However, the UK is taking a less aggressive stance, with Visa and Mastercard working within the initiative. Both companies are part of the new funders group, giving them a stake and a say alongside a large number of banks.

Brilliant, let the american companies have a say.

37
masterofnonereply
piefed.social

Probably just an unfortunate reality for companies that do big business together to work towards a third option. Hopefully it can at least lead to a third or 4th option depending what happens with the EU plans.

4
GMacreply
feddit.org

Came to say the same thing. But then again I shouldnt be surprised, bankers and politicians seem to really struggle with concepts like 'conflict of interest'

2

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UK bank bosses plan to set up Visa and Mastercard alternative amid Trump fears | Spyke