Visa (V) is working with U.K. banks to improve account-to-account payments functionality, Bloomberg’s Aisha S Gani and Jennifer Surane report. Visa is working with lenders including Barclays (BCS), HSBC (HSBC) and Lloyds (LYG) on the effort, and will look to create a new system that would offer consumers a formal process for disputing payments made via bank transfer, Bloomberg says.
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