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ID Experts Light Up Portland

PYMNTS

The new owners of ID Experts are Peloton Equity and Trident Capital. The private equity funding, which, according to Oregon Live , will “cash out some of its current owners while injecting more capital into the business,” came at the same time as a new spinoff from ID Experts emerged called Radar. in two rounds with four investors.

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Can Pivotus Help Save Banks from Themselves?

Bank Innovation

Pivotus Ventures, a new venture capital firm launched by Umpqua Holdings Corporation, believes that drastic action is needed to keep banks relevant in the coming years. Just last year, the Portland, Oregon-based corporation performed the rare feat of upgrading its core Read More. If any FIs can do it, Umpqua is certainly among them.

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CashStar Releases New eGifting Solution

PYMNTS

The gift of giving just got a whole lot easier and more digital, thanks to one Portland, Me.–based CashStar’s Product eGifting enables online shoppers to digitally send physical gifts from a retailer’s eCommerce site to the desired recipient via email. based company.

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Amazon Eyes Food Delivery Service In London

PYMNTS

Amazon has already dominated the online shopping and clothing markets, and now, it is setting its sights on the food delivery industry, something that startups, including Uber, have been eyeing. The venture capital industry has been responding, pouring money into the space for the last couple of years. If it launches in the U.K.’s

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Shipping Inconsistencies Plague Nonessential eCommerce

PYMNTS

Knowing that Nike and Amazon were in the process of breaking their sales agreement, we tried a third item: a copy of Thomas Piketty’s new book, “Capital and Ideology.” Indie bookstore Powell’s in Portland, Oregon couldn’t guarantee that the order would be processed until seven to 14 days.

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eCommerce, Delivery Firms Turn Attention To Supply Chain, Logistics

PYMNTS

The additional expenditures will raise gross capital spending to between $115 million and $120 million, up from the previously forecast $90 million to $100 million. Chief Financial Officer Jeffrey Lawrence told analysts that labor costs at its corporate locations ticked up a bit by 0.5 Efficient Warehouses.

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Frugal Consumers Buying More Off-Brand, Off-Price Products

PYMNTS

Off-price retailing is second only to online retailing in terms of growth as well, according to the study. These consumers are “not a particularly loyal group,” as they often shop at multiple off-price retailers at a time, continually searching for the best deals on apparel.

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