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Article: Consumer Finance: Incursion Anxiety.
- Article from:
- American Banker
- Article date:
- February 17, 2006
- Author:
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Between e-commerce, new payment technologies, and a credit card industry on tenterhooks over interchange fee litigation, there are plenty of things that could rock the world of consumer finance in the coming year.
But when top financial services executives across the nation were asked what external forces they expected to have the biggest impact on their consumer finance business in 2006, nearly a third pointed to the incursion of retailers and other nonfinancial companies into financial services.
That was among the findings of the latest Executive Forum, American Banker's quarterly online survey, which this time focused on consumer finance.
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