Big Card Issuers Say Regs Produces Weak Business Agility

The landscape is changing for banks and other financial institutions that issue cards. Major banks face increasing competition from smaller, regional and local banks, as well as from “digitally native” businesses that offer services exclusively online. The key to staying competitive in this environment is business agility. This means having the ability to stay ahead of the competition by responding to consumer demands quickly and bringing innovative new offers and . . . .

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See Also: card issuers, regulations, disclosures, digital banking, IT, banks, community banks,

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