LAS VEGAS —There was a long minute when it seemed that Isis – the mobile payments platform backed by Verizon, AT&T and T-Mobile – seemed to die in a first-day keynote at Money2020, the sprawling payments show where innovators flock to strut their stuff.

That near-death moment occurred when Isis CEO Mike Abbott announced he would do a live demo of a refreshed app – and absolutely nothing happened on screen.

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Abbot persevered, however, and eventually the app came to life, engendering much applause at the Monday session.

Abbott also won laughs with his quip that “it is easier to get Congress to pass a budget than to get financial institutions and retailers to agree on a payments system.”

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