{"id":66468,"date":"2026-02-16T13:57:21","date_gmt":"2026-02-16T18:57:21","guid":{"rendered":"https:\/\/news2shorts.com\/index.php\/2026\/02\/16\/uk-bank-bosses-plan-to-set-up-visa-and-mastercard-alternative-over-trump-fears\/"},"modified":"2026-02-16T13:57:21","modified_gmt":"2026-02-16T18:57:21","slug":"uk-bank-bosses-plan-to-set-up-visa-and-mastercard-alternative-over-trump-fears","status":"publish","type":"post","link":"https:\/\/news2shorts.com\/index.php\/2026\/02\/16\/uk-bank-bosses-plan-to-set-up-visa-and-mastercard-alternative-over-trump-fears\/","title":{"rendered":"UK bank bosses plan to set up Visa and Mastercard alternative over Trump fears"},"content":{"rendered":"<p><strong>Exclusive:<\/strong> First meeting to be held over domestic payments system aimed at reducing reliance on US networks<\/p>\n<p>UK bank bosses will hold their first meeting to establish a national alternative to Visa and Mastercard, amid growing fears over Donald Trump\u2019s ability to turn off US-owned payment systems.<\/p>\n<p>The meeting, chaired by Barclays\u2019 UK chief executive, Vim Maru, will take place this Thursday and bring together a group of City funders that will front the costs of a new payments company to keep the UK economy running if problems were to occur.<\/p>\n<p> <a href=\"https:\/\/www.theguardian.com\/business\/2026\/feb\/16\/uk-bank-bosses-plan-visa-mastercard-alternative\">Continue reading&#8230;<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Exclusive: First meeting to be held over domestic payments system aimed at reducing reliance on US networks UK bank bosses will hold their first meeting to establish a national alternative to Visa and Mastercard, amid growing fears over Donald Trump\u2019s ability to turn off US-owned payment systems. The meeting, chaired by Barclays\u2019 UK chief executive, &#8230; <a title=\"UK bank bosses plan to set up Visa and Mastercard alternative over Trump fears\" class=\"read-more\" href=\"https:\/\/news2shorts.com\/index.php\/2026\/02\/16\/uk-bank-bosses-plan-to-set-up-visa-and-mastercard-alternative-over-trump-fears\/\" aria-label=\"Read more about UK bank bosses plan to set up Visa and Mastercard alternative over Trump fears\">Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-66468","post","type-post","status-publish","format-standard","hentry","category-blog"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/posts\/66468","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/comments?post=66468"}],"version-history":[{"count":0,"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/posts\/66468\/revisions"}],"wp:attachment":[{"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/media?parent=66468"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/categories?post=66468"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/tags?post=66468"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}