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eWallets Don’t Make Money, Says Mandiri Capital Chief

PYMNTS

The CEO of PT Mandiri Capital Indonesia, the venture capital arm of PT Bank Mandiri, said the only way digital payment platforms can ever make money is by acting as a sort of portal into other services, otherwise it’s “just a cash-burning exercise,” according to reports. Nobody makes money from e-wallets,” Danusaputro said.

Capital 141
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Top News In Payments: Stripe Rolls Out Stripe Capital; Cards Generate $6.13T In Spending

PYMNTS

Today in the payments news roundup, Stripe launched Stripe Capital to simplify the way internet companies can access funds. Stripe unveiled the rollout of Stripe Capital to simplify the way internet companies can access funds. Also, commercial and consumer cards issued in the U.S. generated $6.13 US Payment Card Market Tops $6T.

Capital 128
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Participation in Investor Communications Japan’s Proxy Platform Surpasses 1,700 Listed Companies

Bobsguide

As of June 2022, over 1,600 companies listed on the Prime Market of the TSE participate in the Platform, representing 87% of the companies in that market or 98% by market capitalization. After almost 18 years, the Platform has become a key part of the infrastructure of Japan’s capital markets. ” Digitizing and Streamlining.

Company 68
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Fitness Goes Micro With ‘Workout Pods’ Designed For On-Demand Exercise

CB Insights

In one sense, the market in China is primed for fitness innovation. China’s urban areas are also increasingly populated by a growing middle class, which is already accustomed to enjoying innovations from the “sharing economy” – such as ride-sharing, home-sharing, and bike-sharing.

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The Current Banking Crisis – 10 Not So Apparent Lessons

South State Correspondent

It turns out that confidence is more valuable than capital. The ratio would provide a bank’s current core capital position to risk-adjusted assets. Some form of this ratio will likely be applied to the national and regional banks, which means larger community banks will also be judged by this ratio.

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The Secrets of Expert Deposit Pricing Management

South State Correspondent

We can leverage S&P Capital IQ Deposit Data and know what they are likely to do by looking at the behavior of deposit competitors in the past. A Word on Geography In this age of digital account opening, national marketing, and digital-only banks, geography matters less than it did five years ago.

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10 Data-Driven Ideas To Increase Branch Engagement

South State Correspondent

Likely, it might be a combination of the above, but setting a branching strategy should dictate capital allocation, branch layout, marketing, and staffing. Banks should have a clear and stated set of measurable objectives for their branches and then allocate capital accordingly. Our point here is branching isn’t a passive activity.

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