About damn time!
I never understood how such a foreign duopoly was able to be created in an industry we dominate in.
https://www.theguardian.com/business/2026/feb/16/uk-bank-bosses-plan-visa-mastercard-alternative
About damn time!
I never understood how such a foreign duopoly was able to be created in an industry we dominate in.
5 Comments
angrywaffle@piefed.social · 37 pts · 181d
Brilliant, let the american companies have a say.
Piatro@programming.dev · 6 pts · 180d
Thats the British way!
masterofnone@piefed.social · 4 pts · 180d
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.
GMac@feddit.org · 2 pts · 180d
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'
Pipster@lemmy.blahaj.zone · 5 pts · 180d
I remember we had Switch and Solo, they also got merged into Mastercard (Maestro)...