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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. Echelon's products are available online as well as through retailers that include Walmart, Dick's Sporting Goods, Costco and Amazon. million from $228 million a year ago.

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Retail Labor Shortage Concerns Deepening

PYMNTS

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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Lowe’s To Open Four Online Shopping Fulfillment Hubs

PYMNTS

The home improvement retailer said it would open the West Coast online shopping fulfillment center this October in Mira Loma, California. Mira Loma is the company’s second direct fulfillment center, with the first having arrived in Nashville, Tennessee in 2018. The retailer unveiled an investment of $1.7

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Cardtronics Expands Surcharge-Free ATM Footprint

PYMNTS

Allpoint Network , a surcharge-free ATM network with 43,000 ATMs in the United States, announced the latest bank to join its ATM channel — First Tennessee Bank. The move will also add more than 570 surcharge-free ATMs to the bank’s existing network in Tennessee.

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FedEx Joins UPS In Adding Delivery Fees Due To Volume Hike

PYMNTS

The Tennessee-based shipping giant will add a 30-cent surcharge to packages delivered to homes via Express and Ground, according to a post on its website. The fee applies to large retailers and manufacturers who ship 40,000 or more packages per week. It will cost more to send a FedEx package starting Monday (June 8).

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Internal Memo: Simon To Reopen 49 Malls In May

PYMNTS

The properties in Texas, Indiana, Alaska, Missouri, Georgia, Mississippi, Oklahoma, South Carolina, Arkansas and Tennessee will not be limited to curbside-pickup reopening like the ones happening in Texas, the report said. Simon is also encouraging retailers to use technology, such as Apple Pay, for contactless transactions.