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Friday, October 22, 2010

More on innovations from credit card companies

Another story on credit was published this morning, this one in the New York Times.

Implications: This industry seems to be putting all the bells and whistles they can think of—literally—into their effort to woo customers back to credit cards. The advancing use of wireless devices and other tools to engage in credit activities (mentioned in the story) lead me to wonder whether the plastic card, itself, will ever return to the prominence it once had. Another fun issue to watch.

Mike Anderson

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