News & Events

Target CEO stands down

Gregg Steinhafel, CEO at Target with 35 years at the company under his belt, resigned today, effective immediately. The board stated: "Today we are announcing that, after extensive discussions, the board and Gregg Steinhafel have decided that now is the right time for new leadership at Target".

Mobile Payments: a guide for retailers

We are pleased to introduce a Guest Post by Michael Koploy, an analyst who has been looking at mobile payment from the retailers' perspective. We hope you find Michael's work useful and interesting and we thank him for his contribution.

Back in July 2011, US technology research company Gartner predicted that mobile users would jump to over 141 million in 2011, a nearly 40 percent jump from a year prior. And near field communication (NFC), the RF technology to facilitate payments from these devices, has been popular in the news. For example, Visa recently approved select handsets to use its payWave scheme, a big step in expanding the reach of mobile payments.

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