It is hard to describe a company that includes Sir Stuart Rose, former CEO of Marks and Spencer, and Charles Dunstone, founder of The Carphone Warehouse, one of the U.K.’s leading mobile phone retailers, among its backers as a “start up” but the Mobile Money Network is just that, and hopes to change the way consumers and retailers interact…

http://blogs.wsj.com/tech-europe/2011/07/10/mobile-devices-key-for-high-street-start-up/