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.
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.
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’
Brilliant, let the american companies have a say.
Thats the British way!
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.
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’