FSA to demand banks strengthen ID checks following fraud tied to NTT service
The Financial Services Agency plans to revise its guidelines on regulating the banking sector to demand stricter customer identity checks for account transfers related to electronic payment services, according to sources. The move comes in response to a series of cases at banks across the ...
Can the iPhone 12 accelerate 5G's lagging rollout in Japan?
Currently, there is hardly any content that takes full advantage of 5G’s tech merits and network coverage remains spotty.
In response, the nation's three largest providers have expressed a willingness to consider cutting their rates.
Japan’s NTT eyes asset sales after $40 billion Docomo buyout
The merger will help the Tokyo-based telecommunications giant keep up share buybacks and invest aggressively overseas, CEO Jun Sawada said in an interview Tuesday.
Japan's mobile phone carriers brace for further intervention by Suga
Even before becoming prime minister, Suga had intervened in the cell phone market in an attempt to lower fees.
Docomo deal signals more unwinding of 'parent-child' listings in Japan
After years of complaints from corporate governance experts, the wave of consolidation or sales of these units is gathering pace.
NTT to take mobile unit Docomo private for ¥4 trillion
The buyout is expected be the largest tender offer in history for a Japanese company.
How to steal ¥28 million: Lessons learned from the Docomo swindle
Japan’s largest mobile phone carrier made headlines after its e-money service was used to defraud people who weren't NTT Docomo customers.
Among the five, Z Holdings Corp. said it has found 17 cases of fraudulent money withdrawals totaling ¥1.41 million through its smartphone payment service PayPay.
More NTT Docomo e-money thefts confirmed, with ¥25 million stolen
The company said 120 cases of fraudulent money withdrawals were found at 11 of the 35 banks that NTT Docomo has partnered with.
NTT Docomo admits ¥18 million stolen via its e-money service
The company, which has stopped allowing customers to create new links between the service and bank accounts, has said it will try to compensate victims.
