Gone are the days where cash was king in China. According to China Tech Insights’ report last year, 74 percent of Chinese consumers said they could live for more than a month with only 100 RMB (which is less than US$15) in cash. To address this growing hunger for a swift and convenient payments, ICBC, the largest bank in China, has awarded Gemalto a three-year agreement to continue supplying contactless cards. The contract addresses multiple card schemes-branded cards including Amex, China Uni...