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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. The Shifting Japanese Market.

Capital 214
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Mobile Payments On Smartphones Soar In Japan

PYMNTS

Making mobile payments with a smartphone in Japan is more popular than ever, according to eMarketer, a New York-based market research company. 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.

Mobile 201
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Mollie Is Latest Tech Startup To Attain Unicorn Status

PYMNTS

The $100 million in investment capital marks the second time Mollie has cut a major financing deal, following a $29.5 million injection of capital last year. Founded in 2004 by Mol, an engineer, while he was living in his parents’ house, the company expects to process more than $11.7

Capital 141
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How competitive are UK insurance markets?

BankUnderground

But how much competition in insurance markets is there? We find competition generally works well in UK life and non-life insurance markets, despite increases in life market concentration over the past 25 years. However, competition regulators have found practices in specific markets that harm consumers.

Marketing 116
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PBOC Pumps $173B Into Chinese Economy To Combat Virus Impact

PYMNTS

In Beijing, many stores across multiple retail markets are closed. The People’s Bank of China is poised to inject more money — $173 billion, the largest single liquidity injection since 2004 — into the country to stabilize the economic damage. The new virus is a plausible catalyst for a market correction.”.

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Top News In Payments: Mastercard CEO Pushes Back Against National Payments System; FCA Tells Credit Cards To Ease Up On Non-Payers

PYMNTS

The People’s Bank of China is ready to inject $173 billion into the country to stabilize the economic damage brought on by the coronavirus, the largest single liquidity injection since 2004. Venture capital and private equity money that flowed into U.K.-based In Europe, Single Data Market Looms?

National 141
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Possible Purchase Deal By Uber Triggers Nearly 40 Pct Surge In Grubhub Shares

PYMNTS

Uber has an approximate $56 billion market capitalization. Founded in 2004, Grubhub went public in less than six years. .” Uber’s stock also climbed 6 percent on the news, which pushed Grubhub’s valuation up from roughly $4.5 billion Monday to about $5.9 Whether a deal will be made is still up in the air.

Chicago 140