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Britain’s biggest banks will launch an equity-raise aimed at funding the development of a new domestic payments infrastructure provider which could evolve into an alternative to Mastercard (MA) and Visa (V), reports Sky News

StockNow breaking-news AI analysis

Britain's major lenders are funding a domestic payments infrastructure alternative to Visa and Mastercard to reduce systemic concentration and address strategic payments sovereignty.

2 stocks
MAMastercard Incorporated$572.48Current priceVVISA Inc.$374.28Current price

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