NTT Digital joins the Open Wallet Foundation
NTT Digital will join the OpenWallet Foundation (OWF) effective June 1, 2024. NTT Digital aims to strengthen the international…
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CBDC Initiatives of the Bank of Japan (7th CBDC Forum)
The Bank of Japan held its seventh “CBDC Forum” on Wednesday, and published the secretariat’s presentation (in Japanese). The document…
Launch of Visa’s “Flexible Credential” for SMBC Bank’s “Olive Flexible Pay”
Sumitomo Mitsui Financial Group, Sumitomo Mitsui Banking Corporation, and Sumitomo Mitsui Card Company have launched “Flexible Credential”…
DCC Startup Investment Promotion Working Group’s Interim Report
Earlier this month, the Digital Asset Co-Creation Consortium (DCC), led by Progmat, published the Interim Report of the Startup Investment…
SMBC Group’s Jenius Bank surpasses $1 Billion in deposits
Sumitomo Mitsui Financial Group announced that the deposit balance of “Jenius Bank™”, the digital banking division of SMBC MANUBANK, a…
NTT DATA acquires majority stake in GHL Systems for ASEAN payments expansion
NTT DATA has agreed to acquire a 58.7% stake in GHL Systems, a leading payment service provider which has strength in various services…
Japan FinTech Observer #61
Welcome to the sixty-first edition of the Japan FinTech Observer.
MS&AD Insurance Group FY2023 Results
FY2023 Results Highlights
Nudge launches “club” credit card for the Virtual Witch Phenomenon
Nudge, aiming to be a challenger bank in Japan, has launched a club to support the activities of the virtual artist group “V.W.P” belonging…
Joint Study between Deposit-Based and Money Transfer-Based Stablecoins
Hokkoku Bank, Digital Platformer, and JPYC have commenced a joint study aimed at enabling the purchase of “JPYC,” a money transfer-based…
Sompo Holdings FY2023 Results
Key Highlights of FY2023 Results
TSE — Status after Market Restructuring and Future Follow-up
The Tokyo Stock Exchange (TSE) Listing Department on May 21, 2024, published a comprehensive review of the market restructuring…