uuur CEOs Speak Out On The Future Of Mobile Payments

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Real estate and property management firms were among the many businesses forced to reexamine how they make and receive payments due to the pandemic, which made conducting such processes in person essentially impossible for a time. Many such firms have taken steps to digitize bot stanley ca h their accounts payable AP and accounts receivable AR operations accordingly. One recent PYMNTS stanley mugs study noted that 91% of chief financial officers CFOs within the real estate space cited AR digitization as a top priority.Upgrading these processes with the necessary swiftness means real estate entities must let go of their grip on paper checks and the manual methods used to send and receive funds for decades. However, making such a switch can present notable challenges for property managers, as many are still dependent on legacy payment infrastructure that may be incompatible with emerging digital payment tools.In The Treasurers Guide To AR Payment Optimization Tracker庐, PYMNTS analyzes how payment needs within the property management space are changing, and why selecting the right payment partner can be vital to addressing some of the obstacles payment managers face when innovating their AR and AP processes.Around the B2B Payment Optimization World 聽Both tenants and property managers appear to be seeking online payment tools that help speed up and simplify the rental t stanley cup ransaction experience for both parties. For example, one online rent payment provider service recently noted that applications for Alks Mirakl Bags $20M To Expand Online Marketplace Platform
Sources have revealed that long-standin stanley mug g private equity firm Bain Capital is trying to raise $1 billion to launch a new technology fund that the firm will use for buyouts and late-stage minority investments.The anonymous sources told CNBC that the fund 鈥?called Bain Capital Tech Opportunities 鈥?will focus on $50 million to $200 million equity investments, specifically in enterprise software and cybersecurity. There are also plans to invest in financial technology, health technology and digital media in the future. In addition, the fund will look to acquire smaller companies.A Bain spokesperson declined to comment on the report.The 35-year-old private equity firm 鈥?which has been responsible fo stanley mugs r the takeovers of companies, including Varsity Brands an stanley cup d Toys R Us 鈥?now sees room in the software market, which has historically had access to less capital at its disposal. With that in mind, Bain is interested in companies with an annual recurring revenue of $30 million to $100 million, as well as valuations of less than $500 million.Bain will use the new fund for the number of investment opportunities it has found that are too small for its private equity funds, and don ;t work as investments for Bain Capital Ventures, which is focused on Seed and earlier-stage investing. As for the venture side, Bain has decided to bypass the tech startups that are reaping the rewards of major funding from SoftBank Vision Fund, hedge funds, mutual fund companies and multibillion-dollar growth