Saturday, April 2, 2011

Amazon.com Considering Mobile Payments Service

Amazon.com is considering the introduction of a service that would let consumers pay for goods in brick-and-mortar stores using their mobile phones, according to Bloomberg.

The company’s “Amazon Payments” unit is said to be exploring whether to start a service based on near field communications.

Amazon.com Said to Be Considering Mobile-Payment Service for Smartphones – Bloomberg

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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 ...