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19min chapter
Visa
Acquired
The Origins of Visa and the Rise of Bank of America
This chapter explores the origins of Visa, starting with Bank of America's decision to mail out credit cards to their customers in Fresno. It discusses the historical context of the banking industry in the US and how Bank of America positioned itself as a consumer bank. The chapter also introduces the concept of consumer credit cards and the challenges associated with processing checks in the past.
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highlights
Listen to the best highlights from the podcasts you love and dive into the full episode