Duncan Douglass Quoted about Changes to Credit Card Issuer Businesses in American Banker
In the Press
May 26, 2009
Duncan Douglass was quoted in an American Banker article discussing potential ways that credit card issuers will retool their businesses in the wake of recent, and extensive, federal legislation. Despite new regulations, Douglass notes, "[O]ne thing issuers are very good at is finding a way to make money. You're probably not going to get any of your paper statements for free anymore. Anything that they can get away with charging a fee for, they will."