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East Japan Railway Company (JR East) and PASMO have announced a landmark initiative to unify Japan's leading transit wallets with "teppay" (テッペイ), a new integrated code payment service poised to resolve growing "cashless fatigue" among consumers. The service will be integrated directly within the
credit card
Nudge has partnered with HashPort, provider of the Web3 wallet "HashPort Wallet" chosen by 1 million people, to begin offering the "HashPort Card" through the next-generation credit card "Nudge". With this card, JPYC (Japanese Yen stablecoin) is provided as cashback by HashPort according to
blockchain
Startale Group has announced the Startale App, an all-in-one gateway to the Startale and Soneium ecosystem, designed to make the open digital economy simple, secure, and connected. Built as part of a continued partnership with Sony Block Solutions Labs, the app marks the beginning of a new chapter in Startale’
stablecoin
HashPort has signed a capital and business alliance agreement with KDDI. Under this alliance, HashPort conducted a third-party allotment capital increase to KDDI. As a result, KDDI acquired more than 20% of HashPort's issued shares, making HashPort an equity-method affiliate of KDDI. Going forward, both companies will leverage
venture capital
Amid the rise of “agent commerce,” GMO Venture Partners have invested in Crossmint alongside Circle and other investors. Crossmint provides infrastructure that enables seamless integration of payments and remittances across both fiat currencies and stablecoins. Crossmint offers a unified API and wallet SDK that bridges fiat and stablecoins, allowing enterprises
payment
Nippon Yusen Kabushiki Kaisha (NYK) has reached an agreement to acquire 100% of Kadmos Holding GmbH (Kadmos), a global end-to-end maritime salary payments platform provider headquartered in Germany. Founded in 2021 and based in Berlin and London, Kadmos is a rapidly growing technology company that provides innovative salary payment solutions
payments
EVONET has launched a cross-border mobile wallet interoperability service in partnership with KDDI Corporation and Tenpay Payment Technology. In the first phase of this initiative, more than 1.4 billion WeChat users from China can make payments by WeChat Pay (Weixin Pay) at au PAY-affiliated stores across Japan by simply
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 credit
web3
Futureverse, a leader in AI and metaverse technology, has officially launched RakutenWallet.Pass in partnership with Rakuten Wallet. Starting today, Rakuten Wallet's users will now have access to onboard seamlessly to an upgraded version of the RakutenWallet.Pass, unlocking web3 benefits like digital ownership and access to immersive
cashless
In the current issue of the Nomura Research Institute's "Financial Information Technology Focus", Daisuke Tanaka lays out projections for individual payment instruments through 2030, based on available 2023 data. According to various statistical data, the total amount of cashless payments in 2023 (defined here as the
payments
Filippino conglomerate Ayala and Mitsubishi have executed an investment agreement for the Japanese multinational’s acquisition of a 6.5% stake in e-wallet giant GCash, according to a stock exchange filing. Mitsubishi will subscribe to 18.03 million common and redeemable preferred shares of AC Ventures Holding (ACV), which holds
crypto
Hong Kong-based RigSec Technology, a leading provider of regulated digital asset wallet solutions, and Tokyo-based Vlightup have begun discussions to collaborate on solving security issues in cryptocurrency wallets. The partnership aims to leverage the technological strengths of both companies to provide a safer and easier-to-use wallet solution. RigSec is a