Always inspiring to hear two knowledgeable people converse and find common ground. Yes EMV is a Global Standard. EMV is the standard underpinning Proximity Mobile Payments. HCE and NFC will built upon EMV and is challenging the business model that has been a struggle between Issuers, Mobile Network operators as they both attempt to enable a future enhanced by the power of the mobile device. Finally there seems to be agreement that the conversation should be about enabling Mobile Commerce, while recognising that Mobile Payments as simply a function of the experience the merchant wants to give their consumer as they drive revenue and consumer satisfaction.