Datachain and Progmat partner to launch stablecoin business
Datachain and Progmat have partnered to maximize the AUM (Assets Under Management) of stablecoins issued using “Progmat Coin”, a stablecoin…
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Sony Financial Services Business Segment Meeting 2024
Sony held its “Business Segment Meeting 2024” yesterday, with all business segments presenting. In light of its planned partial spin-off…
Mizuho’s J-Coin Pay Connects with Yokohama Bank
Mizuho Bank has newly connected its smartphone code payment service, J-Coin Pay, to The Bank of Yokohama. As a result, Yokohama Bank…
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…
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…