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The use of mobile phones in the Unites States is widespread and a large portion of the population use them for more than just making a call. These devices can be outfitted with applications that can improve the way people...
The development of the mobile payments industry introduces a whole new cast of characters that complicates issues with regard to responsibility and liability, and as a preemptive measure, representatives of the Federal Reserve Bank met with stakeholders in mobile payments in the U.S. to learn where the industry is headed.
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