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Bain Capital Technology’s Bet On hey And Japan’s Digital Payments Shift

PYMNTS

The country was home to one of the world’s first mobile commerce innovations with the DotCoMo mobile wallet all the way back in 2004. And yet Japan remains a heavily cash-based economy, Darren Abrahamson , managing director of Bain Capital Tech Opportunities told Karen Webster.

Capital 214
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Prepare for stronger C&I lending demand: A $1.7 trillion “wave”

Abrigo

Takeaway 3 To fully capitalize on the forthcoming C&I wave, institutions need the right products, systems, people, and technology. 2004-2008: 82.6% The emphasis for commercial credit risk management and evaluation is cash flow, fixed charges coverage, and working capital cycles. C&I lending will be the next “bomb.”

Lending 195
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Mobile Payments On Smartphones Soar In Japan

PYMNTS

Last month, PYMNTS reported Japan’s history of mobile payments progress dates back to 2004 when the DotCoMo mobile wallet was introduced, one of the world’s first mobile commerce innovations. Still, Japan remains a heavily cash-based economy, Darren Abrahamson , managing director of Bain Capital Tech Opportunities, told PYMNTS.

Mobile 201
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Banks and CDFIs: Partnering for community impact

Abrigo

Community Development Financial Institution (CDFI) loan funds help to promote healthy communities by providing early-stage credit, capital, and financial services to small businesses, affordable housing and community facilities developers, community organizations, and other types of borrowers. communities where capital tends to be scarce.

Community 246
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Dialing Up Performance in Home Equity Lending

Gonzobanker

With the inefficient, circa-2004 borrowing processes resident in many banks’ loan departments today, too few lenders are equipped to deal with the rising tide of home equity volumes that will descend like a tsunami on their operations the moment Fed chairman Jerome (What-Are-We-Waiting-For) Powell announces a rate cut. Follow him on LinkedIn.

Lending 139
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India’s Struggling Yes Bank Sees Share Boost From $1.2B Offer

PYMNTS

Yes Bank is a private-sector bank that mainly operates as a corporate bank, but it also does asset management and retail banking. The bank has had a tumultuous 2019, facing increased attention from regulators as well as scrutiny from investors, who are concerned about bad loans , lack of lender regulation and availability of capital.

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Fitch Sounds Warning On Corporate Debt Loophole Of Trade Finance

PYMNTS

The survey traced supplier payment practices back to 2004. In the “ SCF Barometer ” report, analysts found that banks’ reverse factoring offerings remain the most popular for businesses, with companies citing working capital optimization as the most important reason for adopting a supply chain financing program.

Survey 100