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Payments

With all the jockeying in the payments space, keeping up with new partnerships, upstarts, and product innovations could be a full-time job. Prepaid cards, alternative currencies (Ven, Bitcoin), mobile payments,…
Lack of customer care with mobile devices is a big problem
Electronically paying for a soft drink at a movie theater—as well as the movie ticket itself—soon will be an established reality, at least in Salt Lake City and Austin.
Simple plastic cards carry many regulatory implications
Consumers who use contactless credit cards were found to spend almost 30% more on average than noncontactless card users.
Customer demand is there, but banks must craft the mobile channel carefully  
Issuer envisions “crowdsourced” product design--with a piece of the action for the crowd
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