Financial Services Financial Services

Comment: EU banks' payment-initiative expansion helps overcome hurdles, but many still remain

By Jack Schickler
  • 25 Nov 2020 10:31
  • 25 Nov 2020 10:31
EU banks hope the expansion of their new payments initiative will ease antitrust concerns that the planned rival to Visa and Mastercard is a closed shop — but many further commercial and regulatory headaches remain, including potential competition from third-party providers.
The announcement today that Worldline and Nets will join

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