The struggle between banks and nonbanks for credit card supremacy shows no signs of abating, according to American Banker's annual card industry survey.

Banks as a group continue to lose market share, and their competition keeps getting more numerous. In each of the last three years, a nonbank has joined the ranks of the top 50 card programs in receivables. This year's addition, JC Penney Co., brings the nonbank contingent on the list to 15.

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