Wednesday, February 9, 2011

U.S. Mobile Payment Will Grow Quickly, Some Think

Although mobile payments first became popular in Asia and Europe, analysts agree that the United States is going to catch up quickly. In its November 2010 report, the Aite Group forecasts that U.S. mobile bill payments will reach US$214 billion in gross dollar volume in 2015, up from US$16 billion in 2010.

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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 ...