Credit cards are not faster. Their confirmation time is 3 - 9 months.
Its claims are self-serving, of course, but the company has a fair point. If traditional financial companies that make loans, issue credit, and transfer money all have to follow globally agreed-upon rules to prevent institutional failures, consumer fraud, and illicit activity, then so, too, should the upstarts.
Bitcoin prevents institutional failures by eliminating the institutions.
Bitcoin doesn't prevent consumer fraud, but it prevents fraud by consumers.
Illicit activity... Ok, you got me there. Bitcoin doesn't allow others to control how I can spend my money.