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May 04, 2024
 

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FINTECH

Japan Times
BUSINESS
Jan 29, 2018
Japanese people love cash so much they don't need a digital currency, BOJ says
Cash is still king in Japan, and that means the central bank doesn't see a need to mint a digital currency for now, according to the head of the FinTech Center at the Bank of Japan.
BUSINESS / Tech
Dec 20, 2017
SoftBank leads $120 million funding in financial technology startup Lemonade
SoftBank Group Corp. is betting that technology can overhaul the home insurance industry by leading a $120 million (about ¥13.6 billion) round in Lemonade Inc.
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.
Japan Times
BUSINESS / Tech
Nov 10, 2017
Money Forward CEO wants to take popular budget-tracking app global
Budget-managing app operator Money Forward Inc. stoked investor excitement when it became the nation's first financial technology venture to go public in September, reflecting strong interest in the nascent but fast-growing sector.
Japan Times
COMMENTARY / World
Feb 7, 2017
A greener shade of digital finance
If financial technology is to reach its potential to advance the global public good, another factor must be accounted for: the environment.
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.
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.
Japan Times
BUSINESS / Companies
Jan 18, 2016
MasterCard hopes to catch fintech wave for cashless payments in Asia
The world of finance is newly awash in fintech — the financial software services that leverage state-of-the-art technologies — and MasterCard is jockeying for a larger market share.
BUSINESS / Companies
Jan 6, 2016
Mitsubishi UFJ plans division to pursue fintech endeavors
Mitsubishi UFJ Financial Group Inc. has set up a unit to research and develop new financial technologies, the first of its kind for a major Japanese bank, people with knowledge of the matter said.
Japan Times
BUSINESS / Tech / ADVANCES IN PROGRESS
Dec 14, 2015
Fintech firms make inroads into the banking biz
With startups offering financial technology services raking in billions of dollars around the world, fintech, coined from "finance" and "technology," has become a buzzword that old guards at big name financial institutions can no longer ignore.
Japan Times
BUSINESS / Tech
Oct 15, 2015
Mayor of London urges Japan Inc. to upgrade payments systems, draw on his city's fintech sector
The mayor of London on Thursday urged Japan to embrace more financial innovations such as mobile payments as it prepares for the 2020 Tokyo Olympics.
BUSINESS / Companies
Aug 31, 2015
Sumitomo Mitsui zeros in on U.S. 'fintech' sector
Sumitomo Mitsui Financial Group Inc.'s credit card unit is zeroing in on investments in the U.S. financial-technology sector, as Japan plays catchup to other developed economies in electronic payments.
Biden calls ally Japan ‘xenophobic’ along with rivals China and Russia
U.S. President Joe Biden speaks in Syracuse, New York, on April 25.
Yen swings stir talk that Japan is in the FX market once again
An electronic screen in Tokyo displays the yen exchange rate against the U.S. dollar and the graph showing its recent swings, on Thursday.
Harajuku strives to reclaim its former glory — and surpass it
Laforet Harajuku, which celebrated its 45th anniversary last year, has been a witness to the district's evolution over the years.
Weak yen fattens tourist wallets in Japan
People visit the Ameya Yokocho market in Tokyo's Ueno district during the Golden Week holiday on Tuesday.
Japan's May 1 intervention may have cost ¥3.66 trillion, BOJ data suggests
An electronic screen displays a graph showing Japanese yen exchange rates surging against the dollar amid signs of intervention by authorities, in Tokyo on Thursday.
Kishida sets sights on energy and climate in South America trip
Prime Minister Fumio Kishida will use a policy speech in Sao Paulo to set out his vision for ties between Japan and South America, almost 10 years after former Prime Minister Shinzo Abe advocated for stronger ties between the two in the same city.
Yellow sand allergy: A health issue made worse by climate change
A screenshot of the Meteorological Agency's satellite image of clouds and yellow sand (in pink) on Sunday.
Climate change, chalky grains and the risks for Japan’s rice farmers
A farmer plants seedlings in Satsumasendai, Kagoshima Prefecture. Japan’s self sufficiency rate for rice is nearly 100%, compared with 38% for food overall, on a calorie basis.
Japan wants you to spend more with ‘luxury tourism’
Performers play a traditional drum unique to Wajima, Ishikawa Prefecture, in the prefectural capital of Kanazawa on March 16 to mark the extension of the Hokuriku Shinkansen line to Tsuruga Station in Fukui Prefecture.
Theaster Gates’ ambitious ‘Afro-Mingei’ brings Black Chicago to Tokyo
Theaster Gates' “A Heavenly Chord” lines up church pews before seven speakers and a Hammond B3 organ, a type of electric organ prevalent in Black American churches.

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