Thursday, June 28, 2012

MasterCard and Deutsche Telekom to Launch Payments

MasterCard Worldwide and Germany-based Deutsche Telekom group have signed a partnership agreement that will help the telco launch a prepaid PayPass application for its planned NFC mobile wallet.

The deal likely will be similar to a mobile-payments partnership announced by U.K.-based Vodafone Group and Visa, which uses a prepaid mechanism to load cash onto a user mobile device.

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Embodied AI (Robots) Likely Key to Some Onshoring of U.S. Manufacturing

It is hard to avoid the conclusion that artificial intelligence, in the the form of embodied robots, will be an important part of the busine...