News

International
India to Regulate All Real-Money Online Games
December 04, 2022

India’s proposed online gaming regulations will apply to all games involving real money. That’s according to a report Sunday (Dec. 4) from Reuters, which says this planned regulation comes after the country’s prime minister rejected a proposal to regulate games of skill and not games...

Retail
Eat, Pay, Love — a Meditation on Holiday Spending
December 03, 2022

It turns out that dining, shopping, and even paying for such delights is uplifting. As in scientifically, and numerically as the case may be for top-line-minded businesses. In homage to Elizabeth Gilbert’s inspiring story of one woman’s quest to follow her bliss, the PYMNTS Weekender...

Investments
Sustainability Takes Center Stage as EU GreenTech Funding Booms 
December 02, 2022

GreenTech startups in Europe have been raking in funding this week.  Hot off the back of the Cop27 summit, which saw European governments commit millions to green technology investment, venture capitalists are making their own contributions to the sector. Leading the charge, Valar Ventures led a $23 million...

Payment Methods
Stripe Launches Fiat-to-Crypto Widget for Web3 Developers 
December 02, 2022

Payments processor Stripe now offers a widget that provides a fiat-to-crypto onramp.  When the new customizable widget is embedded into a decentralized exchange (DEX), non-fungible token (NFT) platform, wallet or decentralized application (dApp), Stripe handles know-your-customer (KYC), payments, fraud and compliance, according to a Thursday (Dec. 1) blog...

Delivery
76% of Grocers Say Delivery Is Key to Customer Loyalty
December 02, 2022

Grocers believe that delivery options are essential to securing lasting relationships with their customers. By the Numbers Research from PYMNTS’ study “Big Retail’s Innovation Mandate: Convenience and Personalization,” created in collaboration with ACI Worldwide, which drew from a survey of 300 U.S. and U.K. retailers,...

Loyalty & Rewards
Cracker Barrel Pursues Young Diners With Double Portion of Loyalty
December 02, 2022

When it comes to attracting young restaurant customers, digital rewards are essential Cracker Barrel said. The restaurant and country store chain, which has more than 660 locations across 45 states, told analysts Friday (Dec. 2) while discussing the company’s latest earnings results that it is...

Security & Fraud
Web3 Infrastructure Provider Ankr Vows to Restore Hacked $5M
December 02, 2022

Ankr has become the latest cryptocurrency-related firm to be hacked. The Web3 infrastructure provider tweeted Thursday (Dec. 1): “Our aBNB token has been exploited, and we are currently working with exchanges to immediately halt trading.” Our aBNB token has been exploited, and we are currently...

Retail
Ocado Puts New Warehouses on Ice as Sales Slump
December 02, 2022

Ocado will pause the construction of more automated distribution centers in the U.K. In a recent presentation to analysts, the U.K.-based online grocer said the opening of two new customer fulfillment centers (CFCs) initially planned for 2024 and 2025 would be put on ice as...

Investments
Le Collectionist Raises $63M for Luxury Vacation Rental Platform
December 02, 2022

French startup Le Collectionist has raised 60 million euros (about $63 million) for its vacation rental platform. Users of Le Collectionist can browse luxury properties from across the globe, EU Startups reported Friday (Dec. 2). The capital will enable the firm to expand its teams...