Tuesday, June 7, 2011

$50 Billion in NFC-Based Mobile Payments in 2014

Global mobile contactless payment transactions using near field communications will reach nearly $50 billion worldwide by 2014, says Juniper Research. North America and Western Europe will account for 50 percent of global NFC payments market by value in 2014.

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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 ...