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Thoughts from American Banker Retail Banking Conference 2015

Celent Banking

This last week the American Banker Retail Banking Conference 2015 was going on in Austin, TX. The conference was well attended, with broad representation from all institution sizes and markets. The retailer combines the in-store and app experience to enhance the customer buying process.

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Mastercard Card Clearing In China, Unattended Retail, Rapid Settlements Top This Week’s News

PYMNTS

We have deep dives into unattended retail, rapid settlements and cybersecurity, as well as news on Mastercard receiving the go-ahead from China’s central bank to set up a bank clearing business. NEW DATA: Consumers Like Cashier-less Retail But Retailers Aren’t Hitting The Mark. Trackers and Reports. million consumers or 6.9

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Loyalty Rules: Personalization Drives Retail Connection

PYMNTS

That’s one of the conclusions drawn from a new report on customer loyalty from Merkle, and it holds some clues for retailers looking to improve the recency and frequency of customer visits and purchases. “To That means embracing the tools and platforms that consumers, particularly the Bridge Millennials, use on their paths to purchase.”.

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TGI Fridays, Fast Casual Food To Cater To Millennial Expectations

PYMNTS

Whole Foods and other retailers capitalizing on the at-home health food craze were able to get out in front of millennial eating trends — or, at least, start riding at the crest of the wave. In the morning, TGI Fridays hopes young millennials will come in to work at reservable tables. ” Hang out they’ll have to.

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Affirm Challenges Retailers, FI’s To Practice ’Honest Finance‘

PYMNTS

So started Affirm’s Co-Founder and CEO Max Levchin ’s remarks at his firm’s first-ever AFFIRMation conference for its retail partners in San Francisco yesterday. Levchin also used its first-ever partner conference as the occasion to announce its Honest Finance campaign. “Finance is pretty broken.”. Starbucks sells a legal drug.

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Kohl’s Redoubles Omnichannel Efforts Amid Rise In Digital Sales

PYMNTS

The department store retailer reported revenues of $6.8 And, according to a statement from Kohl’s, the retailer ended its fiscal year with 1,159 brick-and-mortar locations in 49 states. Rewards and Millennials. billion and earnings per share of $2.24 compared to analysts’ estimates of $6.6 billion and $2.18

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Retail Bedfellows Roundup: Staples Shares Space, Affirm Finances Life Experiences

PYMNTS

Omnicommerce usually refers to where and how retailers sell their products, not necessarily who they choose to sell them with. From office supplies and communal workspaces to new ways to pay for concert tickets, more barriers to siloed retail activity are falling every day to the onslaught of retail partnerships.

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