More than 30 of Europe's largest banks and credit card processors form the European Payment Initiative, aiming to compete with a US-dominated "oligopoly" (Olaf Storbeck/Financial Times)

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Olaf Storbeck / Financial Times:
More than 30 of Europe's largest banks and credit card processors form the European Payment Initiative, aiming to compete with a US-dominated “oligopoly”  —  More than 30 lenders designing rival to take on PayPal, Mastercard, Visa and Apple  —  More than 30 of Europe's largest banks …

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