Security vulnerabilities with the rival Google Wallet mobile-payment system aren't giving the industry a black eye with consumers, according to Michael Abbott, CEO of Isis, a mobile-payment joint venture of AT&T, T-Mobile USA and Verizon Wireless. "I applaud Google for addressing the problem quickly," he said in an interview. "It's best for the industry if we move on."

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CNET, VentureBeat

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