Today in Mobile

Forbes last night ran something of a status update on Isis, the carrier-driven effort to push mobile payments. Although it launched six months ago with the goal of creating a stand-alone network for mobile payments, the initiative has wisely shifted its aim toward becoming a kind of conduit that bridges mobile transactions with traditional payment options like credit and debit card accounts. And Isis has opened its effort to invite Apple, Google and others in an effort to gain traction. It’s clear that Isis will need participation from those other players to gain traction; what’s less clear is why those other players need any business model that includes the carriers.