On the 5th of March 2014 Troy Leach, Chief Technology Officer of the Payment Card Industry Security Standards Council, made a statement to the Committee on Financial Services at the US House of Representatives entitled: 'Data Security: Examining Efforts to Protect Americans' Financial Information'.
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".
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.