As a co-founder at Bank.org, today I respectfully share that WorldBank.org's current President was formally the CEO at Mastercard (below). Not sure what Mastercard's Inclusive Growth has to do with PayPal's Master Card relationship? --- Visa, Mastercard Accused Of Anticompetitive 'Floor' In Fees https://www.law360.co.uk/financial-services-uk/articles/1797739?nl_pk=a94fc7ab-a9ab-4472-a647-9bf619c7b000&utm_source=newsletter&utm_medium=email&utm_campaign=financial-services-uk&utm_content=2024-02-15&read_main=1&nlsidx=0&nlaidx=0 By Lucia Osborne-Crowley A group of merchants argued on Wednesday that Visa and Mastercard breach antitrust laws when they charge interchange fees and impose rules on some card schemes, saying that they are anticompetitive because there is no fair negotiation. Read full article » https://www.law360.co.uk/financial-services-uk/articles/1797739?nl_pk=a94fc7ab-a9ab-4472-a647-9bf619c7b000&utm_source=newsletter&utm_medium=email&utm_campaign=financial-services-uk&utm_content=2024-02-15&read_more=1&nlsidx=0&nlaidx=0 | Save to favorites » https://www.law360.co.uk/financial-services-uk/articles/1797739?nl_pk=a94fc7ab-a9ab-4472-a647-9bf619c7b000&utm_source=newsletter&utm_medium=email&utm_campaign=financial-services-uk&utm_content=2024-02-15&read_later=1&nlsidx=0&nlaidx=0 ----- https://www.worldbank.org/en/about/people/a/ajay-banga *Ajay Banga, 14th President of the World Bank Group * Ajay Banga began his five-year term as World Bank Group President on June 2, 2023. Ajay Banga most recently served as Vice Chairman at General Atlantic. Previously, he was President and CEO of Mastercard, a global organization with nearly 24,000 employees. Under his leadership, MasterCard launched the Center for Inclusive Growth, which advances equitable and sustainable economic growth and financial inclusion around the world. He was Honorary Chairman of the International Chamber of Commerce, serving as Chairman from 2020-2022.