Tim also points us to Russell Beattie's lament from earlier this week about his startup, Mowser, shutting down. Russell writes: 'The argument up to now has been simply that there are roughly 3 billion phones out there, and that when these phones get on the Internet, their vast numbers will outweigh PCs and tilt the market towards mobile as the primary web device. The problem is that these billions of users *haven't* gotten on the Internet, and they won't until the experience is better and access to the web is barrier-free - and that means better devices and "full browsers".'
What's a mobile banker to think of all this?
The Committee's Subcommittee on Financial Institutions and Consumer Credit is holding a hearing tomorrow continuing its review of H.R. 5244, “The Credit Cardholders’ Bill of Rights: Providing New Protections for Consumers", introduced by Subcommittee Chairwoman Carolyn B. Mahoney of New York. Today's hearing was preceded by an initial hearing on the bill held on March 13.