The Card Market - Past, Present and Future ^**This contribution is based on a speech delivered at the Tenth Anniversary of Eurocard Austria at May 30, 1990, in Vienna.

Over the past ten years, the card business has required a great deal of vision - the kind of vision Eurocard Austria had when it started its business. As the card business grows worldwide, we predict it will be significantly more important to every aspect of consumer banking. But, more importantly, consumer banking will become far more significant throughout the entire banking spectrum. The tenth anniversary of Eurocard Austria is a significant historical milestone, yet it marks only the beginning of a new era in the card business.