Thursday, January 20, 2011

Isis Launch in June 2012?

Isis, the mobile payments venture launched by AT&T, T-Mobile and Verizon, "is expected to be in the market in the next year and half," says David Nelms, Discover Financial Chairman and CEO. So make the target June 2012.

"We believe mobile commerce will be an important element of the future of the payments industry, as it could provide significant enhancements to how consumers manage and spend money with new options at the point-of-sale," says David Nelms,

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On the Use and Misuse of Principles, Theorems and Concepts

When financial commentators compile lists of "potential black swans," they misunderstand the concept. As explained by Taleb Nasim ...