The jury is still out asto which wallet technology will win the hearts of consumers andretailers. My gut tells me it'll be a long while before we have onevirtual wallet to rule them all. As the battle rages on, potentialwallet providers are surfacing from some of the most unlikelyplaces and industries.

An unintended consequence of the Durbin amendment is that manyof the larger, national banks canceled their debit rewards programsas they no longer made financial sense for them. Credit unions havea unique advantage in this arena. If you offer debit rewards,that's a great incentive to make your debit card the defaultpayment card for your members.

Based on market research of the mobile wallet space, we thinkthere is an opportunity for credit unions to get their cardsembedded into as many of these wallets as possible.