By Ignacio Mas, Technology Review
Technology has yet to fundamentally change how we think about money. As the mobile Internet begins to take financial control out of the hands of bank tellers and regulators, innovators are connecting us to our money in new ways. Mobile payments, meanwhile, still seem to many an unnecessary complication. But the appeal of being in constant contact with your money—and information about your money—will prove irresistible. Back in the days when electronic devices were expensive, someone had the clever idea of giving dumb plastic cards to all of us and the more expensive card readers only to merchants. Now that we have a virtual card and card reader right in our pocket in the form of a smart phone, who will be content to carry a credit card we cannot ourselves read?
http://www.technologyreview.com/business/39820/
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