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Near field plus host-card emulation opens door for banking/payment apps
Banks need to step up sooner rather than later
Usage, fraud protection, EMV, and rewards all gain
Retailers have many options and cash is expensive
41% of debit cards likewise will have embedded chips
Dissatisfaction with response drives many to switch banks
Will concentrate on application to unbanked, privacy, security, money management
Learn and embrace these acronyms: HCE, BLE, and EMV
Could reach 300 million globally as contactless cards roll out
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