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PSCU’s Lumin Enables Digital Payments For TN Credit Union

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The PSCU company Lumin Digital has signed Bartlett, Tennessee-based First South Financial credit union to a multi-year digital banking and cloud computing agreement, Lumin announced on Tuesday (Feb. The new platform should be available to First South Financial customers in June of 2020.

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Echelon Pulls In $65 Million In Funding As ‘Connected’ Fitness Takes Off

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Echelon Fitness of Tennessee has raised $65 million in funding as the internet-connected fitness company takes advantage of pandemic-fueled growth. Echelon said it offers online classes with everything from “heart-pounding, high-intensity workouts, to calming yoga,” covering fitness needs at all levels.

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Securing The New Commerce Normal

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Making matters even more complex, the world of questionable online commerce has new entrants in the form of the speculators who seek to hoard the home goods consumers need — and then resell them at a ridiculous markup. Today, [fraud] becomes a much bigger challenge than before,” Sevounts said. Fighting Fraud On All Fronts.

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Big Tech Compliance Tracker: Tencent Says Big Tech Needs Greater Oversight; Group Seeks To Block Maryland Online Ad Tax

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Group Seeks to Block Maryland Online Advertising Tax. At issue is the eCommerce retailer’s parallel responsibility to third-party merchants as an online shopping ecosystem and to itself as a competitor on the platform with rival products. Maryland legislators ratified the tax earlier in 2020, but Gov.

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Retail Labor Shortage Concerns Deepening

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A good economy is good news for retailers in a variety of regards. But for retailers going into the holiday season 2016, a good economy is creating yet another headwind for physical retailers who’ve spent much of the year being buffeted constantly by market pressures. Employment, according to the latest figures, hit 4.9

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

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Big retailers are opening smaller-format stores in major U.S. Already, the retailer has opened a Planning Studio across the pond in London in October. In the announcement, IKEA Retail U.S. Pizza Hut plans to acquire online ordering software provider QuikOrder. In Other Brick-And-Mortar News. restaurants.

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Deutsche Bank, PNC Plan To Reduce Brick-And-Mortar Bank Branch Footprints

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The company recently said it would shutter 180 out of 380 offices in the country, while putting $115 million toward its online client offering and eliminating 1,000 positions. The company has opened a minimum of 13 “solutions centers” in places such as Nashville, Tennessee and Dallas that provide an alternative to the usual bank office.