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Payments

Shift to be phased in beginning September 2016
Implications seen for branches
Google seeks to close the gap with Apple Pay
Greenwich adds to “best-of-breed” criteria
Method tests for authenticity and checks for tampering
College students targeted in debit card scheme that uses social media pathway
It’s coming, though maybe not as quick as a wave of the hand (and device)
Implementation seen coming in five years or less
Banks have to meet customers where they want to go
$700,000 fine in first civil enforcement action against virtual currency exchanger
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