banking
On July 9, 2026, the financial community convened at SardineCon Tokyo under a regulatory ultimatum. As the financial landscape undergoes a volatile digital transformation, the "cat and mouse" game between sophisticated fraud syndicates and established institutions has reached a critical inflection point. In this high-stakes environment, Artificial
banking
Bank Negara Malaysia (BNM) has imposed an Administrative Monetary Penalty (AMP) of RM520,000 on AEON Credit Service (M) Berhad for failing to comply with targeted financial sanctions (TFS) regulations. The regulatory action follows an on-site supervisory examination by BNM, which revealed that the non-bank financial institution had
DeFi
SBI VC Trade has released the results of a pioneering proof-of-concept (PoC) aimed at bringing institutional-grade compliance to Decentralized Finance (DeFi). The experiment, conducted under the auspices of the Financial Services Agency’s (FSA) "FinTech Proof-of-Concept Hub," marks a significant step toward a
stablecoins
The global financial landscape is undergoing a rigorous restructuring as stablecoins evolve from speculative "safe havens" for crypto-traders into the standardized settlement layer for the real-world economy. As we have progressed through the 2024–2025 cycle, these assets are being integrated into core economic infrastructure, shifting
stablecoins
At the second Japan Stablecoin Summit hosted by Pacific Meta, KDDI and Progmat, legal and industry experts gathered to dissect why stablecoin adoption has not yet matched the speed of legislative progress. The consensus was clear: while the laws are in place, the practical business environment remains restrictive, and a
AML
Caulis will begin providing "Grid Data KYC" in partnership with 10 electricity transmission and distribution companies nationwide, utilizing electricity contract information to simultaneously achieve prevention of fraudulent account opening, enhancement of ongoing customer management, and reduction of management costs. The services is expected to launch on October 15,
payments
JR West has launched its new payment service "Wesmo!" under the brand concept "Moving is Value," after becoming the first domestic railway operator to register as a Type II funds transfer service provider under the Payment Services Act. The company has previously provided the J-WEST
KYC
ELEMENTS has resolved to acquire shares of Polarify, a subsidiary of Sumitomo Mitsui Financial Group, making it a consolidated subsidiary. SMBC Group will continue to maintain ownership of Polarify shares. The business integration of these industry leaders will expand their customer base to approximately 550 companies with a cumulative total
digital
The Digital Agency has published its annual report to share the current state of digitalization in Japan and the agency's achievements over the past year (September 2023 - August 2024), using data-driven insights. The report aims to inform the public and stakeholders about the progress and direction of