Other industrialized nations have moved faster because of strong national leadership in setting standards and helping to finance adoption.
Among other wow statistics, it projects digital finance adoption could add $103 billion to the economies of Ethiopia and Nigeria, while creating $66 billion in new business and personal loans.
"If you walk into most banks and say you want to borrow $25,000 to finance an adoption, they look at you like you've got two heads," said Norman Hecht, a father of four adopted children who pioneered the adoption loan program at First Union when he was a vice president there in 1996.
David and Norma Ide of Bristol, Tenn., for example, borrowed against their 401 k)s and used $10,000 of a $45,000 loan from Associates to finance the adoption of their new Chinese-born baby, Lilly Grace.
Prepare to finance the adoption.
Yet many banks turn away people who ask specifically for adoption financing.
Mr. Hecht recalled the response from a competing banker when he posed as a customer seeking adoption financing: "The guy pulled out a book.
The amended agreement with SoftBank puts in place a number of additional restrictions, including forcing Dish to present fully committed financing and the adoption of defenses that would limit a hostile bid.
"It combines three key drivers for open adoption: financing startups, deepening our research and evidence, and training the next generation of data scientists, to exploit emerging open data ecosystems".
This is indicative of the importance of credit and availability of finance in MTM adoption.
