Subject category:
Finance, Accounting and Control
Published by:
IESE Business School
Version: 11.11.03
Length: 11 pages
Data source: Field research
Abstract
On analysing the next-generation ATM?s that the 7-Eleven chain of convenience stores was installing in its stores, a consulting firm specialised in payment systems anticipated major changes in the payments sector in the medium and longer term. How would the banks react to further encroachment on their business, already under pressure from traditional competitors and new players backed by the latest technologies?
Location:
Other setting(s):
2003
About
Abstract
On analysing the next-generation ATM?s that the 7-Eleven chain of convenience stores was installing in its stores, a consulting firm specialised in payment systems anticipated major changes in the payments sector in the medium and longer term. How would the banks react to further encroachment on their business, already under pressure from traditional competitors and new players backed by the latest technologies?
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Location:
Other setting(s):
2003