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Battle of the mobile wallet: Target, Wal-Mart and others team up against Google

It sounds like such a simply great idea, a mobile wallet in your smartphone, right? Major retailers, including Wal-Mart, Target, Best Buy, among others, think so. That’s why they announced today that they’re joining forces to form the Merchant Customer Exchange, or MCX, and are creating their own collective nationwide mobile commerce network. MCX, while… Read More


Isis: Digital wallet from mobile giants adds financial giants to the fold

Almost lost amid the flood of new devices announced at Mobile World Congress in Barcelona overnight was a notable sign of progress toward the tech industry’s longtime aspiration of replacing old-fashioned wallets with digital ones. Isis, a joint venture of AT&T Mobility, T-Mobile USA and Verizon Wireless, says it has reached agreements with Chase, Capital One… Read More