Japan's Seven Pay ordered to report on illegal access to mobile payment system
The Financial Services Agency has ordered Seven Pay Co. to report on cases of unauthorized access to 7pay, its hacked mobile payment service, sources said Friday. The FSA ordered the Seven & I Holdings Co. unit to look into how the intrusions occurred, the customer ...
Amazon.com Inc. warehouse workers in Minnesota plan to strike during the online retailer's summer sales extravaganza, a sign that labor unrest persists even after the company committed to paying all employees at least $15 an hour last year. Workers at a Shakopee, Minnesota, fulfillment center ...
Users of 7-Eleven's mobile payment service lose total of ¥55 million after 900 accounts hacked
Tsuyoshi Kobayashi, president of Seven Pay Co., said the company will compensate users for the losses caused by fraudulent access.
Abe heralds launch of 'Osaka Track' framework for free cross-border data flow at G20
Prime Minister Abe launches the “Osaka Track” framework to promote the drafting of international rules to enable the free movement of data across borders, but not everyone signs on.
Japan's pitch for free data flows 'with trust' faces uphill battle at G20 amid 'splinternet' fears
Data is increasingly being viewed as a resource as vital as oil was in the 20th century, with the vast accumulation of information leading to new services across a variety of industries. As the analogy suggests, data is fueling innovation: Firms are studying consumer ...
Ant Financial Services Group, the operator of Chinese mobile payment service Alipay, hopes to make it possible for users of its partner apps in Asia to make cashless payments in Japan, the company's top executive has said. The fintech company, an affiliate of e-commerce giant ...
METI and JETRO to boost e-commerce support for Japanese firms via Japan Mall websites
The Ministry of Economy, Trade and Industry will increase support for companies trying to sell products abroad by opening more Japan Mall sites on major foreign e-commerce sites, officials said. The support program was launched in Singapore and other nations on a trial basis in ...
Tough online competition forces Isetan Mitsukoshi to shutter one of its Singapore outlets
Leading department store operator Isetan Mitsukoshi Holdings Ltd. will shut one of its five outlets in Singapore due to tough competition from online retailers. Its local subsidiary, Isetan (Singapore) Ltd., said Monday it will not renew its lease with JB Trustee Pte., landlord of the ...
Ruling LDP calls for law to prevent tech giants strong-arming vendors in Japan
Concerns have been raised that the tech groups are abusing their dominant position with regards to smaller companies using their platforms.
Amazon to close domestic marketplace business in China, say sources
Amazon.com Inc. plans to close its domestic marketplace in China by mid-July, people familiar with the matter said, focusing efforts on more lucrative businesses selling overseas goods and cloud services in the world's most populous nation. Amazon shoppers in China will no longer be able ...
Technology giants such as Google LLC, Apple Inc. and Amazon.com Inc. came under pressure Wednesday as Japan's antitrust watchdog noted opaque practices that could disadvantage vendors on their e-commerce sites or smartphone app stores. Some 50 to 90 percent of such vendors said their contracts ...
Japan and U.S. agree to include e-commerce and digital services in new trade talks
Tokyo said it has started talks with Washington over cutting tariffs on agricultural and industrial products, and that the two agreed to include digital trade as part of a new trade deal.
