MUFG picks TCS Bancs to consolidate payments
MUFG replaces a host of disparate payments systems with one regional hub powered by TCS Bancs.
Japan
Line and Mizuho plan new mobile bank in Japan
Messaging app and bank to establish JV through their subsidiaries.
SBI Ripple Asia leads payment fraud fight in Japan
Proof of concept will run on the Corda network.
MUFG and Bradesco create Ripple-s with new cross-border payment service
Planned service between Japan and Brazil will use Ripple’s technology.
SBI Ripple Asia launches MoneyTap in Japan
Ripple-powered payments app offers real-time settlement.
SoftBank takes the internet out of IoT
Users can transmit data to devices without allocating an IP address.
Hackers steal $60m from Japanese crypto exchange Zaif
Owner Tech Bureau asks for $44.5m in financial assistance to deal with issues.
SoftBank trials blockchain-based mobile payments
Teams with Synchronoss and TBCASoft for proof of concept.
Rakuten acquires crypto exchange Everybody’s Bitcoin for $2.4m
Japanese e-commerce firm might get everybody talking.
Line launches cryptocurrency Link
Japanese firm says it will not make an initial coin offering.
Paytech Paidy sitting pretty with Visa investment
Japanese post-pay outfit goes public with Visa backing.
ML instinct fuels Aberdeen Standard Investments’ new fund
It will use machine learning to identify sources of potential returns.
Dynamics’ battery-powered cards hit Japan
Move comes via a partnership with GMO Aozora Net Bank in Tokyo.
SoftBank mulls stake in insurtech wefox
Bank’s Vision Fund on the prowl again.
Zilliqa and Infoteria pair up to push blockchain DApps
APAC plan to promote adoption of decentralised applications.
SoftBank, Yahoo Japan and Paytm make mobile payments mammoth
Smartphone payment service called PayPay. Genius!
Hitachi and KDDI trial biometric payments on blockchain
They aren’t KDDI-ing with their coupon settlement system experiment.
Sumitomo Mitsui Trust Bank goes live with DTCC’s Alert
Becomes the first Japanese global custodian on the database.
Japan revamps regulator for fintech action
The Strategy Development and Management Bureau is born.
Japanese post-pay outfit Paidy picks up $55m funding
Investment led by ITOCHU Corporation, with participation from Goldman Sachs.
AEON and Fujitsu trial biometric payments
Will start in September 2018 in Japan.
Fujitsu fires up five-day blockchain production framework
For customers seeking or refining projects based on DLT.
Tokyo fintech business camp calls for start-ups
The Tokyo Metropolitan Government wants you.
MUFG and Akamai plan new blockchain payments service
Aim to offer new network from fiscal year 2019.
IBM’s quantum computing crusade calls on Japan
Working with MUFG, Mizuho and more.
JCB pilots Japan’s first fingerprint authentication chip card
Teams with Idemia for biometrics and contactless innovation.
Mizuho and IBM develop new AI tech for financial market forecasting
Will use Dynamic Boltzmann Machine to help forecast market trends and volatility.
MUFG wanders over to ExaWizards for magical AI alliance
Plan to conduct development studies of online finance products.
Nomura goes quantum in asset management space
Launches joint research project with Tohoku University in Sendai.
Japan Exchange Group goes live on Cinnober’s clearing and risk solutions
Launches new clearing system for exchange traded derivatives, based on Cinnober’s tech.
Moven lands investment from SBI, ponders bank acquisition
SBI and Moven to set up a joint venture to bring the latter’s tech to Asia and Asia Pacific.
Softbank seeks to steal PayPal’s plunder
A rival digital payments system?
Hackers steal $534m from Coincheck cryptocurrency exchange
But it will compensate more than $423 million to 260,000 users who lost out.
NTT-AT to distribute Trusona ID tech in Japan
Will offer Trusona’s password-less login solution to its enterprise customers across the nation.
JCB tests multipurpose biometric authentication
in collaboration with Universal Robot and the National Institute of Advanced Industrial Science and Technology.
Cryptocurrency start-up Telcoin courts mobile finance firms
Looking to ride the wave of interest in cryptocurrencies, Telcoin is also hoping to raise funds from an ICO.
Fujitsu and Sensory are the face of biometrics for Mizuho
Fujitsu has teamed with Silicon Valley-based Sensory to provide face biometric authentication for Mizuho’s mobile banking. Mizuho is the first customer of the Fujitsu and Sensory partnership and it will be using TrulySecure. This solution’s features include the option to fuse voice and face biometrics recognition together; and it works with Android, iOS, Linux and […]
Fujitsu to trial blockchain payments with three Japanese banks
Fujitsu will work with Mizuho Financial Group, Sumitomo Mitsui Financial Group (SMFG) and Mitsubishi UFJ Financial Group (MUFG) to conduct a joint field trial of a person-to-person (P2P) money transfer service using blockchain. The trial will begin in January 2018 and last for about three months. Fujitsu says it has already initiated development of the […]
Saxo Bank Securities in Japan warms to Torstone’s Inferno for regulatory reporting
Japan-based Saxo Bank Securities has selected Torstone Technology’s Inferno to replace its legal ledger and comply with regulatory reporting requirements. It will initially use Inferno to improve its post-trade reporting processes and is looking to add additional features in future unspecified phases. Torstone says Inferno is a modular solution, giving organisations the “opportunity to incrementally […]
Top fintech stories this week – 29 September 2017
Catch up on Banking Technology’s top five fintech stories of the week – all in one place!
