X- I/A Table of Contents A weakening in the economy could also force some retailers to clog", resulting in exposure to potential credit losses and declines in transactions, and reduced earnings on transactions due to a potential shift to large discount merchants. Additionally, credit card issuers may reduce credit limits and become more selective in their card issuance practices. Changes in economic conditions could adversely impact our future revenues and profits and result in a downgrade of our debt ratings. which may lead to termination or modification of certain contracts and make it more difficult for us to obtain new business. Any of these developments could have a material adverse impact on our overall business and results of operations. Our ability to anticipate and respond to changing industry trends and the needs and preferences of our clients and consumers may ig[ett our competitiveness or demand for our products, which may adversely affect our operating results. Financial services. payments. and technology industries are subject to rapid technological advancements. new products and services, including mobile payment applications, evolving competitive landscape. developing industry standards, and changing client and consumer needs and preferences. We expect that new services and technologies applicable to the financial grnices, payments, and technology industries will continue to emerge. Thew changes in technology may limit the competitiveness of and demand for our services. Also. our clients and their customers continue to adopt new technology for business and personal uses. We must anticipate and respond to these changes in order to remain competitive within our relative markets. For example, our ability to provide innovative point-of-sale technology to our merchant clients could have an impact on our Global Business Solutions business. In addition, failure to develop value-added services that meet the needs and preferences of our clien