Wednesday, February 9, 2011

Mobile Users Increase Mobile Shopping, Mobile Payments

More mobile and Internet users are using existing online accounts to buy things, uploading credit card information to the phone to make purchases, using third-party accounts such as PayPal or Obopay to make purchases. Perhaps significantly, the percentage using their mobiles to access bank account information on the phone to make purchases from online retailers did not grow.
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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 ...