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Payments

Visa, First Data pact offers streamlined EMV adoption
Online commerce overall quintupled in 2013; likely to grow in 2014
Deleveraging demands new sales strategies
Pros and cons of PIN, contactless aspects debated at conference
Study finds correlation between the size and impact of mobile fraud
Global body to issue specifications to combat CNP fraud
Two issues are in play—one highlighted by Target breach
Network will include mobile, pay cards, banks, cash outlets
Consumers leaning most toward services by financial institutions
Two thirds say they’d switch banks if mobile offering was tailored to them

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