LAS VEGAS — With a record 7,500 attendees expected to attend the third annual Money20/20 Conference, many of them came for one key reason.

"We are all here because we feel we are getting close to key tipping points," said Richard Fraher, vice president and counsel to the Retail Payments office at the Federal Reserve Bank in Atlanta, and a panelist at one of the opening sessions held Sunday at the Aria in Las Vegas.

The Money20/20 conference, which runs through Nov. 5, highlights payments and financial services innovation for connected commerce at the intersection of mobile, retail, marketing services, data and technology, according to organizers.

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