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Kohl’s Redoubles Omnichannel Efforts Amid Rise In Digital Sales

PYMNTS

Kohl’s Corporation CEO Michelle Gass said in a fourth-quarter earnings conference call with analysts that investments in technologies such as its mobile app, and buy online, pick up in store (BOPUS), among other initiatives, are “resonating” with the company’s shoppers while bolstering traffic and sales. Rewards and Millennials.

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How fraudsters target different generations

Independent Banker

Community banks can find ways to mitigate age-related fraud through technology, as well as by educating their customers of their particular risks. Fraudsters typically target millennials via text messages that promise rewards, shipment tracking and other automated messages that make them vulnerable to phishing attacks.”.

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Retail Pulse: IKEA To Open ‘Planning Studio’ In NYC; Pizza Hut Will Acquire QuikOrder

PYMNTS

Younger shoppers, however, are still seeking out places like IKEA even in the age of online shopping: A Home Furnishing News survey found that brick-and-mortar stores provided 63 percent of indoor furniture purchased by millennials. As it stands, Amazon Go stores in Seattle, Chicago and San Francisco use the cashierless technology.

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Mobile Payments: Samsung To Tackle Africa And Google The App Landscape

PYMNTS

Passport has designed similar mobile applications for the transportation systems in Chicago, Toronto and Boston. Millennials Eschew Bank Mobile Wallets. The study found that both millennials and non-millennials want to use mobile to manage finances, and cash is becoming less important to both groups.

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

PYMNTS

And the Chicago Tribune noted in 1987 that other retailers such as Levi Strauss & Co. were interested in the new technology that ByVideo Chairman Perry D. Florsheim is on the cutting edge of something that will be as commonplace as automatic teller machines in the next few years,” Odak told the Chicago Tribune in 1987.

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Good News from Gen Next

Independent Banker

Out of Mom and Dad’s basement, millennials are primed to become your next best customers. He’s a high school senior who lives in suburban Chicago. And technology is important to him. Bauhs is on the tail end of the “millennial” generation, which is commonly defined as those born between 1980 and 2000. By Ed Avis.

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How Digital-First Credit Unions Can Break The Impersonality Barrier

PYMNTS

That number is higher among millennial and Generation X respondents, at 77 percent and 63 percent, respectively. Nearly one-third of millennials would prefer to do their banking exclusively online and eschew branch locations entirely.