UK-based payments and customer loyalty guru Roy Stephenson talks about how the payment card firms and banks across the globe are moving away from the "lend-centric" credit cards and chasing the 1% of big spenders who don't need to borrow.

Payment Cards: Which Market? The 1% or the 99%?

We are all operating in a dynamic global marketplace, whether we reach across borders to find new customers and fresh ideas or face overseas competitors in our home market.Global Reach embraces the opportunities and challenges we encounter when operating in multiple countries and cultures. We talk with entrepreneurs and executives about their strategies for winning in fast changing world markets: cross-cultural communication, global branding, media and marketing, transportation and manufacturing, the future of finance, alternative investment strategies, innovation and IP protection.Global Reach interviews thought leaders about 21st century megatrends that impact international entities: trends like the business and politics of sustainability, the morphing nature of competitiveness, globalization, global companies vs national governments, worldview and growth prescriptions, emerging markets issues, and the corporate impact on society (governance, ethics and leadership).

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Payment Cards: Which Market? The 1% or the 99%?

Payment Cards: Which Market? The 1% or the 99%?