How MasterCard and Visa Just Made Banks the Next Big Players in Mobile Payments

Support for a new technology called host-card emulation is the main reason. (NFC mobile payments via HCE: more big co’s can offer consumer wallets more easily. Think that will speed adoption?

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Kenneth Carnesi holds a Juris Doctor degree from New York Law School and a Professional Certificate in International Banking from Harvard Law School. Kenneth Carnesi is the Director of Operations and Government Sales at Anaptyx LLC and sits on the Boards of The Lazarus Organization, Monkeetech LLC and MG Madison Phillips, Inc. Mr. Carnesi has also founded CICG - Carnesi International Consulting Group, a company specializing in strategy consulting to small to mid-size businesses.

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