double jump.tokyo makes LP investment in Neoclassic Capital
double jump.tokyo, which had just raised over USD 10m in funding in its Series D first closing at the end of August, has made an LP…
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Sumitomo Mitsui Financial Group partners with OpenAI
SMBC Group has been actively working on its own digital transformation (DX) and providing digital-based value to customers in pursuit of…
Seven Bank to utilize 7iD purchase data for card loan credit screening
Seven Bank has implemented a time-limited initiative starting today, Wednesday, October 16, 2024, to utilize data from “7iD,” a common…
PayPay’s “Send/Receive” feature now available in LINE chats
LY Corporation and PayPay Corporation have announced that an entry point to the “Send / Receive” feature of the cashless payments app…
Japan FinTech Observer #81
Welcome to the eighty-first edition of the Japan FinTech Observer.
G.U. Group signs basic agreement with Aozora Bank on stablecoin issuance
G.U. Group, a provider of Web3 solutions such as stablecoin issuance and management systems and blockchain infrastructure, has announced…
Monex provides update on Coincheck De-SPAC transaction
Coincheck Group (CCG), a consolidated subsidiary of Monex Group, which will be a holding company of Coincheck, is working closely with…
Money transmitter EcoRemit shut down
The Financial Services Agency, through the Kanto Financial Bureau, has issued a business suspension order for all operations related to the…
Cybersecurity Guidelines for Financial Institutions
The Financial Services Agency published a draft revision to the “Comprehensive Supervision Guidelines for Major Banks, etc.” and a draft…
BOJ: Trends in Japan’s Short-Term Money Market
The Financial Markets Department of the Bank of Japan has been conducting the “Tokyo Money Market Survey” since 2008 to grasp the trading…
LY Corporation shuts down PayPay Asset Management
Z Financial Corporation (ZF), Asset Management One (AM-One), and PayPay Asset Management (PPAM) have announced that PPAM plans to terminate…
Crypto Garage launches “mahola,” a blockchain service for corporate web3 businesses
Crypto Garage, a leading provider of blockchain financial services in the FinTech field, has officially launched its blockchain backend…