stablecoin
Japan's three megabanks are planning to jointly issue corporate-use stablecoins pegged to legal tender like the yen and the dollar, aiming to promote their use in the country. MUFG Bank, Sumitomo Mitsui Banking Corp. and Mizuho Bank intend to issue the stablecoins under a unified standard for use
cross-border payments
NTT Data has signed a Memorandum of Understanding (MoU) with NPCI International Payments Limited, a subsidiary of the National Payments Corporation of India (NPCI). The MoU establishes the foundation to enable acceptance of Unified Payments Interface (UPI), India's leading real-time payment system for Indian tourists in Japan. This
stablecoin
SBI Shinsei Bank is preparing to launch a digital currency for its corporate clients, with a target launch around fiscal 2026. By connecting to a global payment network pioneered by a leading U.S. financial institution, the bank aims to provide instant and low-cost international transactions, leveraging modern financial technology
payments
The European Central Bank's Legal Conference was held on September 1 & 2, titled "Building Europe's Autonomy: Law, Institutions, Cooperation." It included a panel on "Resilience, autonomy and cooperation in payments and clearing systems," with the following brief: Enhancing payment and clearing
cashless
PayPay announced that WeChat Pay (微信支付) will become available for use at PayPay merchants nationwide through HIVEX starting from mid-September this year. “HIVEX®” offers common business rules, system integration for cashless payment providers (MPSP), and a consistent neutral brand, bringing greater scalability at a commercial level to deliver a better
stablecoin
Prior to the start of the Stripe Tour Tokyo main event, Stripe hosted a policy-themed breakfast discussion to explore the transformative potential of stablecoins, bringing together representatives from finance, technology, and regulatory bodies. The session provided a deep dive into the past, present, and future of this emerging financial technology,
payments
Digital Garage's (DG) first-quarter results for the fiscal year ending March 2026 present a stark dichotomy that requires careful dissection. The headline figure—a consolidated pre-tax loss of ¥1.3 billion—paints a misleading picture of the company's health, triggering a market sell-off. This loss was
cross-border payments
Ria Money Transfer, a global leader in the cross-border money transfer industry and a business segment of NASDAQ-listed Euronet, has become the majority shareholder through the acquisition of 60% of the shares of Unidos, the operator of Kyodai Remittance, a Japan-based funds transfer business and overseas remittance specialist. Leveraging Kyodai’
central bank
Bank of Japan Executive Director Kazushige Kamiyama spoke at the third "Meetup with BoJ", hosted by the FinTech Association of Japan. Introduction Good afternoon, everyone. I am Kamiyama from the Bank of Japan. Thank you very much for this valuable opportunity to speak with all of you who
mergers & acquisitions
SB Payment Service (SBPS), a wholly owned subsidiary of SoftBank and the core of the company's finance business, has signed a capital and business alliance agreement with Nomupay, a company that provides local payment methods and global-standard payment products in the EU and Asia. Pursuant to this agreement,
stablecoin
Kaia has collaborated with Tether, the largest company in the digital assets industry, to integrate native USD₮ on the Kaia network. Through this launch, Tether and Kaia aim to strengthen USD₮’s dominance in Asia as the world’s largest USD-backed stablecoin with over 400 million global users by leveraging
stablecoin
This Sushi Tech panel discussion centered around the stablecoin revolution and its implications for mass adoption in Japan and Asia. The discussion highlighted stablecoins as cryptocurrencies designed to maintain a stable value, often pegged to reliable assets such as the US dollar, to mitigate volatility. The panelists, experts in the