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PSCU’s Lumin Enables Digital Payments For TN Credit Union

PYMNTS

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

PYMNTS

Echelon Fitness of Tennessee has raised $65 million in funding as the internet-connected fitness company takes advantage of pandemic-fueled growth. Lou Lentine , Echelon president and CEO, said his company was dedicated to offering innovation along with “affordable prices.” million from $228 million a year ago.

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Real Innovation Solves Today’s Problems, Not Tomorrow’s

PYMNTS

Innovation happens when you least expect it. Those we call “innovators” are simply the ones who endeavor to solve the problems in front of them by any means necessary. Only later do others look at them and call them “innovators.” PYMNTS: Where do you look for innovative ideas, and why? The conversation is excerpted below.

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Retailers Look To Digital Technologies After Beating The Street

PYMNTS

Retailers and retail landlords are reporting strong first-quarter earnings results, beating analysts’ expectations in many cases. As quick-service restaurants (QSRs) look to the future, digital innovations such as self-serve kiosks and delivery are on top of mind. billion, according to news from Retail Dive.

Retail 101
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Retail Pulse: IKEA To Open ‘Planning Studio’ In NYC; Pizza Hut Will Acquire QuikOrder

PYMNTS

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. cities, and IKEA is no exception: It is intending to bring a “Planning Studio” to Manhattan this coming spring. restaurants.

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How Far Can Retailers Push Supply Chain Partners?

PYMNTS

It might have been enough for retailers to have come to a collective agreement last year that consumer demand for express delivery was here to stay, but the pressure of keeping shelves stocked has turned some old friends against each other. After all, it’s a dog eat dog world, and retailers are making sure their suppliers know it.

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IKEA Tests Subscriptions In The Sharing Economy Age

PYMNTS

Brick-and-mortar retailers are reinventing their business models amid changes in consumer preferences and the emergence of the sharing economy. He noted that the retailer could then revamp the items before they are sold again. IKEA Retail U.S IKEA’s Pivot Points .