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Payment Security - Banking Exchange
Task force focused on payment lifecycles. Work groups will follow
Boston Fed’s Montgomery to head anti-fraud effort
State issues revision with 30-day comment period
Communication with clients and staff training are critical
U.S. companies, however, lag behind European counterparts
D+H applies distributed ledger tech to global payment services hub
For holiday shopping America leans on one piece of plastic
Cost, security, training make many wary
Device loss, misuse of apps increasingly intense
Modest overall fraud rise in EMV countries masks surge in these areas
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