We all know that in the middle of difficulty lies opportunity. Those words are as true today as they were when Albert Einstein uttered them nearly a century ago. With the right attitude, the right people and a healthy dose of flexibility and innovation, opportunities can often be found in the most unexpected places.

This issue of n>genuity explores the business obstacles that are familiar to many of us and contemplates how they can be crafted into compelling possibilities.

• Confronting the Rise of First-Time Debtors
• Challenges and Opportunities in Commercial Payments Around the World
• The Time is Ripe for Alternative Payment Products
• Building Relationships with Generation Y
• Recalibrating for Innovation
• A "Fundamentally Altered" Consumer Lending Marketplace
• The Winners and Losers of a Changed Credit Card Industry
• Commercial Card Product Playbook: A Snapshot of Opportunities
• Smaller Financial Institutions Still Have a Sweet Spot in the Market
• Long-Term Implications of "The Perfect Storm"
• The Credit CARD Act of 2009 and Prepaid Cards