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 AI strategy, implementation and governance, as well as technology, media and marketing. Named one of LinkedIn’s Top Voices in Technology, he is a bestselling author, covers tech and business for Fox 5’s Good Day New York, is a regular commentator on CNN, and writes the popular daily business blog Think About This. Follow @shellypalmer or visit shellypalmer.com.