Business / Tech Nov 21, 2017

Nomura to team up with Indian startups for fintech

Nomura Holdings Inc. has selected information technology startups in India to build innovative solutions for capital markets and investment banking, according to the firm's Indian arm. Eight startups have been chosen from among over 150 global applicants through a 10-week Fin Tech Partnership collaboration program ...

Business Jan 3, 2017

MUFG to launch virtual currency service

Mitsubishi UFJ Financial Group Inc. will issue its own virtual currency by March 2018 to provide a money transfer service at lower fees, becoming the first major Japanese banking group to launch such a business, according to sources. MUFG, Japan's biggest lender, will first issue ...

Business / Tech Mar 4, 2016

Japan OKs recognizing virtual currencies as similar to real money

The Cabinet on Friday approved a set of bills to help banking groups expand their information technology businesses and to recognize virtual currencies as having a function similar to real money. Under the revised banking bills, bank-holding companies will be able to acquire IT-related ventures. ...