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From the source: Millennials share views about Alexa, Apple Pay, Venmo

Payments Dive

A panel at this year's Bank Customer Experience Summit brought together some college students from the University of Chicago to discuss how they view today's financial services.

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Bankers get straight talk — and surprising insights — from millennials

ATM Marketplace

A panel at the Bank Customer Experience Summit brought together college students from the University of Chicago to share their opinions on banks, payments and advertisers who co-opt millennial-speak.

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QSR Ordering Kiosks Evolved From A 1980s Solution For Out-Of-Stock Shoes

PYMNTS

One customer , for example, noted that the shoes “were delivered in five days, as opposed to at least a month when I special-ordered them before.”. And the Chicago Tribune noted in 1987 that other retailers such as Levi Strauss & Co. They are also trying to enhance the customer experience. Modern-Day Kiosks.

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Big Retail Problems, Small Format Solution?

PYMNTS

Leena Munjal, senior vice president of customer experience and integrated retail at Sears, told the outlet: “Obviously, we want to move the needle. As Sears Chairman and CEO Edward Lampert told Chicago Tribune : “We have and we will be trying a lot of things.”. This is very much a quick, scalable model.”.

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‘Buy Now Pay Later’ Breaks Through

PYMNTS

Millennials and Gen Yers are notoriously distrustful of credit. millennials have a credit card – which is to say a single credit card – and why one-third of all Americans today have never even applied for one. cities (LA, Chicago, Brooklyn, Houston, Philadelphia) seeing the greatest action. The concept has legs.

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Finovate Debuts: Fintonic

Fintech Labs Insights

They demand a customized experience, a relationship based on trust, and a fully mobile platform. Fintonic uses over 1,000 data points per user to understand the specific needs of each customer and their inclination to contract any financial product at a given period in time, providing an a very customized experience.

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THE 16TH ANNUAL GONZOBANKER AWARDS

Gonzobanker

Since Richman and about 100 other bankers from LaSalle Bank in Chicago joined PrivateBancorp nearly a decade ago, the bank has grown to an $18 billion solid niche player with $10 billion in assets under management. see https://www.bloomberg.com/news/articles/2016-06-01/this-is-how-a-banker-in-brooklyn-makes-money-on-millennials ).

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