Telcos form Isis mobile pay venture with Discover

Venture to be headed by former GE executive Abbott

Discover, Barclays are first partners

Isis to use near-field communication technology

NEW YORK, Nov 16 (Reuters) – Three of the top four U.S. mobile phone operators — VerizonWireless, AT&T Inc (T.N) and T-Mobile USA — have formed a venture known as Isis aimed at building a national mobile payments network.

Countries such as Japan have had mobile payment systems for years, that allows consumers to simply wave their phone at a terminal to pay for items such as train tickets.

Expand Full Story.......................

Verizon Business Placed in Leaders Quadrant of Analyst Firm’s Magic Quadrant for Asia/Pacific Network Service Providers

Leading industry-analyst firm Gartner Inc. has placed Verizon Business in the Leaders quadrant among Asia-Pacific network services providers in Gartner’s new report, “Magic Quadrant for Asia/Pacific Network Service Providers.”(i)

The report evaluates providers of international network services to multinational companies (MNCs) with regional networks in Asia-Pacific. The providers focus on data services, especially IP virtual private networks (VPNs) and, increasingly, Ethernet offerings. Most also offer voice services, especially voice over IP and IP telephony in association with IP VPNs.

Read Full Story..................

IBM Launches Lotus Notes Traveler for the Apple iPad

IBM June 8 formally anointed its free Lotus Notes Traveler Companion application with support for Apple's iPad. While Apple has shipped 2 million iPads in less than two months, the tablet is not yet at an inflection point where businesses are snapping them up for employees the way they contracted with PC makers to buy multiple machines. IBM hopes some of its more than 145 million Lotus Notes users will buy iPads and will want to access their work e-mail, calendar and contracts from those comfortable devices.......................................................

for more information click here... http://www.techrecur.com