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The last year has witnessed a Cambrian explosion in credit innovation, unveiling hundreds of possibilities for the future of credit.
One of the most revolutionary aspects of the future of credit is that it will increasingly come to look like cash (and cash, conversely, like credit).
It's hard to tell exactly how the future of credit will play out, but from where we stand, we can see that it will represent the biggest departure from the past in credit's history, and we're just today taking the first steps.
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The future of credit-card security may involve blinking numbers.
"By potentially restricting future flows of credit," he said, "the developments in financial markets post a significant threat to economic growth".
See articleXstrata dropped its $10 billion offer for Lonmin, a platinum producer, citing the risks caused by "the current lack of clarity and certainty regarding the future availability of credit".
It's a lowering of your credit score -- something that impacts your future cost of credit, and even the cost of homeowners and auto insurance.
Whatever the merits of these laws, their complexity created considerable uncertainty among managements about the costs of hiring or credit and even the future availability of credit, a consideration that greatly exacerbated the reluctance engendered by the recessionary experience.
Rachel Reeves, the shadow work and pensions secretary, said the NAO had cast grave doubts over the future of universal credit.
(See "JPMorgan Leads Financials Down On Loan Losses").. Then after a day off for the observance of Marther Luther King Jr. Day, Wall Street ignored Citigroup's $7.6 billion fourth-quarter loss Tuesday, focusing instead on the future of its credit delinquencies and the quality of its assets.
"We're investing in the long-term future of Facebook Credits and we view this agreement as a major opportunity to broaden the availability of a simple, unified currency that can be used in games and applications across Facebook".
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com