Mobile payments looking at turbulent times
SAN DIEGO--While the mobile-payment players acknowledge that partnerships are necessary for long-term viability, many are gearing up for some chaotic times.
The idea of a digital wallet and the opportunities that come from moving payments onto the smartphone were major themes at the CTIA Enterprise & Application show. American Express executive Dan Schulman used his keynote address to call for more alliances, noting that, "no single company can do this alone." The prospect of mobile payments was also the focus of one of the more prominent panel discussions today.
It's not hard to see why. Beyond getting … Read more