Banks Get Go-ahead to Issue Both Visa, MasterCard

The Globe and Mail, Tara Perkins, 17 November 2008The head of the Competition Bureau is ushering in a new era of credit card competition that she hopes will lead to increased choice and better service for consumers.In a letter to the country's major financial institutions, commissioner Sheridan Scott says she believes banks should be allowed to issue both Visa and MasterCard branded credit