The announcement that more than a dozen retailers have announced plans to create a mobile-payments system called Merchant Customer Exchange (MCX) highlights the growing interest in near-field communications (NFC)-based mobile payment solutions in the United States, a field in which the United States has trailed several Asian countries. The competition this will create with Isis—a mobile-payments solution being developed by AT&T Mobility, T-Mobile USA, and Verizon—Google Wallet, Square, and others will drive innovation and growth in the nascent industry while encouraging competitors to develop solutions delivering maximum value for consumers.
Looking for Jobs? Look to IT in 2012 and Beyond
This report dispels the notion that the best days for IT jobs have passed with the bursting of the dot-com bubble in 2000 and the practice of off-shoring today. From 2001 to 2011, a decade characterized by recessions and jobless recoveries, over 565,000 new IT jobs were created. IT employment grew more than 95 times faster than employment as a whole, which grew by only 0.2 percent.