Japan Post Bank to scrap its cashless payment service over security flaws
Until the launch of a new service, the bank will offer the mijica payment service only with available card functions that have proven to be safe, including its use as a debit card.
Japan Post and Rakuten to forge digital tie-up aimed at boosting efficiency
The companies will try to tackle delivery staff shortages and other challenges by sharing Japan Post's data on postal items and Rakuten's forecasts of online shopping demand.
Japan Post hopes demand for New Year's greetings cards rises amid pandemic
Online orders have increased about 20% from the previous year as people are refraining from going outside due to COVID-19, Japan Post said.
Japan Post insurer plans $2.9 billion buyback to cut owner stake
Japan Post Insurance is seeking to rebuild its business after a sales scandal last year ended with the resignation of senior management and a regulatory penalty.
Saturday mail deliveries may end in Japan as early as next autumn
The move reflects a decline in mail volumes and is also aimed at improving post office personnel's work conditions.
Japan Post considers selling courier business of Australia's Toll
Japan Post Holdings Co. said Thursday it is exploring a potential sale of the struggling courier division of its Australian logistics subsidiary Toll Holdings Ltd. By shedding Toll Global Express, which operates in Australia and New Zealand, Japan Post aims to refocus Toll's business on ...
A computer file containing data on 2,750 business partners of a unit of Japan Post Co. has been leaked, the parent company said Tuesday. On Oct. 6, an employee of the Tokyo-based unit, Japan Post Trading Service Co., which conducts catalog-based sales of midsummer and ...
Japan's top court rules against denying allowances to fixed-term employees
The top court's judgment in favor of nonregular workers came two days after its rulings against them in two other cases.
Stolen money via Japan Post account breaches rises to ¥60 million
Japan Post Bank Co. said Thursday the amount of money stolen from customers' accounts due to a series of security breaches of seven electronic payment services has ballooned to about ¥60 million ($570,000). The bank has asked its 5.5 million clients who use electronic payment ...
Yoshifumi Nishikawa, who led Japan's banking sector shakeup, dies at 82
Yoshifumi Nishikawa, a former chief of Sumitomo Mitsui Banking Corp. who spearheaded a major shakeup of Japan's banking sector in the early 2000s, has died, sources said Friday. He was 82. Nishikawa was one of Japan's most well-known bankers and had a reputation as a ...
