Amex: Partnerships required for mobile payments
SAN DIEGO--No single company can catapult mobile payments into mainstream use, said American Express executive Dan Schulman, who called for more partnerships between the financial and wireless worlds.
"All of us need to play together," Schulman said today during his keynote address at the CTIA Enterprise & Applications show. "All of us have strengths and capabilities we bring to the table."
Schulman himself straddles both worlds. He is the group president of American Express' enterprise growth unit, which is responsible for mobile payments. Prior to that, he ran Virgin Mobile USA and Sprint Nextel's prepaid, … Read more