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Just in time for the total economic collapse of Europe and the rise of
the cyber-nomadic tribes, the kids at Discover, Barclaycard, AT&T,
T-Mobile, and Verizon have a name for their mobile phone-based payment
system: Isis. Essentially it remains what we heard from Bloomberg a
few months back: a system for using an app on your phone to send
payments to a POS system using NFC technology. The Isis team thinks it
has "the scope and scale necessary to introduce mobile commerce on a
broad basis," and we wish them the best. But we know how it all ends
anyways: with the lucky among us dead, and the rest of us living in
caves, hiding from death-dealing robots, and bartering for what we
can't scrounge from the ruins of our once-great cities. PR after the
break.
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