Monday, January 31, 2011

Payment Methods Changing

Consumer use of cash and checks are declining, use of debit cards and other payment systems climbing, while use of credit cards is flat, according to Nilson Report data.

That explains, only in part, why there now is interest in mobile payments.

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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 ...