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Acceleration in payments innovation

Acceleration in payments innovation

Source: Federal Reserve Bank of Chicago

At the Chicago Fed's 2011 Payments Conference, participants discussed how changes in consumers' behavior in the wake of the financial crisis and recession can translate into opportunities and challenges for both traditional and nascent payment providers.

Retailers, consumer advocates, bankers, academics, and technology experts invited to the debate also focused on the impact of payment innovations and new consumer protection regulations.

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