Story thread · 5 reports / 5 sources

Top UK banks to raise £50m to build payments network

cityam.com · 1hShare

Britain’s biggest banks are set to kick off a fundraising campaign that will pave the way for a domestic payments alternative to Mastercard and Visa. The UK Payments Delivery Company (PDC) is launching an equity capital raise as part of a new model from the Bank of England, aligning with the Treasury’s National Payments Vision, [...]

First report: AI agents to start spending your money with Visa, Mastercard — finance.yahoo.com, 1d