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What Is NFC and Why Should Smartphone Users Care?

Near field communication smartphones allow consumers to make secure, speedy purchases by placing their handsets within four inches of any NFC-reading device. Yet, widespread adoption of NFC payment technology in the U.S. has proved elusive. Despite the lag, Todd...

Tokenization, Meet Account Updater

Todd Ablowitz, president of the Double Diamond Group and a payment consultant (who has no ties to Cybersource—at least none that we could find), said he thinks the move is logical and has strong potential. “My favorite type of product release is the...