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Lumin Partners With JAXFCU On Digital Banking Integration

PYMNTS

PSCU company Lumin Digital is partnering with Jax Federal Credit Union (JAXFCU) to provide mobile and online banking services for over 23,000 users, which comprises around 60 percent of JAXFCU's membership, when the credit union goes live with Lumin in April of next year, according to a press release.

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B2B eCommerce Platform NuORDER Unveils Payments Service

PYMNTS

B2B online commerce technology company NuORDER has unveiled its NuORDER Payments offering. NuORDER is a wholesale online commerce platform through which purchasers can peruse merchandise, map out collections and “make smarter buys in real time,” according to the announcement. 26) announcement.

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Supply Chain Hiccups Sink The RealReal’s Q2

PYMNTS

The drop was tied to closings at its two New York City physical locations and reduced supply for its consignment business model in New York and Los Angeles. The RealReal operates four stores, two in New York and one each in Los Angeles and San Francisco. And Los Angeles is picking up.

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Walmart Divests Of Shoes.com, Bare Necessities Brands As Part Of Digital Streamlining

PYMNTS

Walmart is selling two of its online brands in a continuing goal to concentrate on its website. Last fall, Walmart sold ModCloth , a vintage-inspired women’s clothing, shoes, handbags and accessories eTailer, to Go Global Retail , a Los Angeles investment platform that invests in fashion and retail, for an undisclosed amount.

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Grocery Round-Up: Amazon Fresh Opens, Whole Foods Cuts Prices And The US Grocery Sales Boom Slows Down 

PYMNTS

The long-awaited first Amazon Fresh brick-and-mortar store officially opened for business in Los Angeles this week, while Whole Foods talked up falling prices. This week, the eCommerce giant gave the public open access to the shop, located in Los Angeles. Whole Foods Promises Price Cuts. Grocery Delivery Firm Weee!

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 Justice Department Indicts 80 in Massive Online Fraud Scheme

PYMNTS

22) the Justice Department unsealed an indictment —spanning 252 counts — against 80 defendants for alleged online scams that bilked firms and individuals of tens of millions of dollars. Late this past week, on Thursday (Aug. As reported, many of those indicted are Nigerian nationals. The indictment was unsealed by the U.S.

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Barneys, Pier 1 And Other Iconic-But-Bankrupt Retailers Are Coming Back To Life 

PYMNTS

Taking up 54,000 square feet on the fifth floor of a Saks store a few blocks from Barneys’ former location, the new operation will feature apparel from Fear of God and other cutting-edge clothing lines. However, Barneys fell into bankruptcy in 2019, due in part to rising rents at its Manhattan and Los Angeles stores. “The

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