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 a business advisor and technology consultant. He helps Fortune 500 companies with digital transformation, media and marketing. Named LinkedIn's Top Voice in Technology, he is the host of the Shelly Palmer #strategyhacker livestream and co-host of Techstream with Shelly Palmer & Seth Everett. He covers tech and business for Good Day New York, writes a weekly column for Adweek, is a regular commentator on CNN and CNBC, and writes a popular daily business blog. Follow @shellypalmer or visit shellypalmer.com.