The group called Isis, consisting of wireless providers AT&T, Verizon and T-Mobile have decided to back off the creation of its own pay-by-phone infrastructure. The companies originally wanted to develop its own network to make and receive payments using your phone. Instead, they will most likely form alliances with established creditors like MasterCard and Visa. Read the full article at WSJ.com
About Shelly Palmer
Shelly Palmer is the Professor of Advanced Media in Residence at Syracuse University’s S.I. Newhouse School of Public Communications and CEO of The Palmer Group, a consulting practice that helps Fortune 500 companies with technology, media and marketing. Named LinkedIn’s “Top Voice in Technology,” he covers tech and business for Good Day New York, is a regular commentator on CNN and writes a popular daily business blog. He's a bestselling author, and the creator of the popular, free online course, Generative AI for Execs. Follow @shellypalmer or visit shellypalmer.com.