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View the latest news and breaking news today for Payments, Commerce, Retail, Mobile Order, and Technology at PYMNTS.com

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UK’s Crypto Plans May Seek to Reverse Regulators’ Actions

UK’s Crypto Plans May Seek to Reverse Regulators’ Actions
UK’s Crypto Plans May Seek to Reverse Regulators’ Actions
April 05, 2022  |  Cryptocurrency

The U.K. government on Monday (April 4) unveiled plans to become a “global hub” for the crypto industry. The speech by Economic Secretary to the...

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UK Stakes Claim to Crypto Leadership, Cites Friendly Regulatory Climate
UK Stakes Claim to Crypto Leadership, Cites Friendly Regulatory Climate
April 05, 2022  |  Cryptocurrency

As British Economic Secretary John Glen announced plans to embrace stablecoins and make “dynamic” regulation of crypto technologies part of a broad plan to make...

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Parallel Finance Raises $5M at $500M Valuation
Parallel Finance Raises $5M at $500M Valuation
April 05, 2022  |  Investments

Decentralized lending and staking protocol Parallel Finance raised $5 million in an extended funding round that gives the company a $500 million valuation, according to...

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Amenitiz Closes on $30M Funding for SaaS Billed as ‘Shopify for Hotels’
Amenitiz Closes on $30M Funding for SaaS Billed as ‘Shopify for Hotels’
April 05, 2022  |  Investments

Barcelona-based Amenitiz, developer of a software-as-a-service solution designed to streamline the administration of hotels and bed and breakfasts (B&Bs), has closed a $30 million Series A...

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Raistone, Mastercard Streamline B2B Payments, Increase SMB Working Capital
Raistone, Mastercard Streamline B2B Payments, Increase SMB Working Capital
April 05, 2022  |  B2B Payments

FinTech Raistone on Tuesday (April 5) teamed up with Mastercard to streamline business-to-business (B2B) finance payments and accelerate working capital for small- and medium-sized businesses...

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Shoppers Turn Away From Name Brands as Inflation Takes a Bite out of Grocery Budgets
Shoppers Turn Away From Name Brands as Inflation Takes a Bite out of Grocery Budgets
April 05, 2022  |  Economy

Inflation is letting some air out of pricey, coveted consumer packaged goods (CPG) name brands amid evidence that shoppers feel pinched and are shifting to...

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Despite Inflation Challenges, Restaurants Predict Growth in 2022
Despite Inflation Challenges, Restaurants Predict Growth in 2022
April 05, 2022  |  Restaurant innovation

For all the labor, supply chain and inflation challenges that restaurants face today, a sense of optimism remains. Research from PYMNTS’ March study, Main Street...

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Gig Economy Drivers Rent More Than 300,000 Vehicles
Gig Economy Drivers Rent More Than 300,000 Vehicles
April 05, 2022  |  Gig Economy

Renting vehicles to gig economy drivers is a total addressable market that is currently estimated at between 300,000 and 500,000 vehicles, EVmo CEO Stephen Sanchez...

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Today in Data: The Price of Fashion
Today in Data: The Price of Fashion
April 05, 2022  |  Today In Data

Today in Data, Ted Baker throws up the For Sale sign after failed Sycamore Partners takeover bids. Plus, Hypebeast’s SPAC deal is ready to transform...

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