Tagged: japan

Contactless Payments: Japan’s International Payment Provider JCB Reportedly Enables Google Pay for Clients

JCB Co., Ltd., Japan’s international payments provider, announced that it enabled Google Pay for its clients. Android(TM) smartphone users are able to now easily use Google Pay in stores where JCB Contactless is accepted, by adding credit/debit cards issued by the JCB Group in Japan… Read More

SPAC Deal: MOH Nippon, a Real Estate Crowdfunding Platform, Becomes First Japanese Company to List on Main Market of London Stock Exchange in Over 20 Years

Minnadeooyasan-Hanbai (MOH Nippon) (LSE: MOH)has joined the London Stock Exchange (LSE) via a reverse  merger. According to a note from the company, Minnadeooyasan-Hanbai is the first Japanese firm to trade on the main market of the LSE in over 20 years. The company has changed… Read More

Blockdaemon Explains How Amended Payment Services Act By Financial Services Agency of Japan Has Clear Implications for Crypto Services

In June 2023, the Financial Services Agency of Japan (FSA) amended the Payment Services Act (PSA) to provide an updated regulatory framework for crypto assets and stablecoins. According to an update from Blockdaemon, these regulations have clear implications “for Crypto Asset Exchange Service Providers (CAESP)… Read More

Visa Data Reveals Spending at Olympic Games Is Boosting French Economy with Largest Share of Spend from US Card Holders

Visa (NYSE: V) data shows spending at the 2024 Olympic Games is boosting the French economy The biggest share of overseas spend “comes from U.S. Visa cardholders, with most significant increases in year-on-year spending from Japan and Brazil.” Visa, the official payment technology partner of… Read More

Alpaca Extends Partnership with Citadel Securities to Support Japanese Investor Demand for US Stocks

Alpaca, an API-focused brokerage that operates a modern infrastructure for stocks, ETFs, options, and crypto trading and serves hundreds of financial services businesses globally, and Citadel Securities, a global market maker, announced an extension of their strategic partnership in Japan to jointly leverage their expertise… Read More

Bitstamp Says it is Returning Recovered Crypto to Mt. Gox Creditors

Crypto exchange Bitstamp says it has commenced to return digital assets to creditors of the Mt. Gox debacle. A long time in the making, crypto is finally being returned to claimants as part of the bankruptcy process of the once-top crypto exchange. Bitstamp said they… Read More

Mt. Gox to Distribute Billions in Bitcoin, Bitcoin Cash

Mt. Gox will soon start distributing around $9 billion in Bitcoin and Bitcoin Cash. In a notice posted on the Mt. Gox website, the entity said distributions will start in July: “The Rehabilitation Trustee has been preparing payments in Bitcoin and Bitcoin Cash in accordance… Read More

Regtech Fenergo and NS Solutions to Support Firms in Japan in Meeting Regulatory Obligations

Fenergo, the provider of digital solutions for Know Your Customer (KYC), Transaction Monitoring (TM) and Client Lifecycle Management (CLM), and NS Solutions (NSSOL), a technology solutions provider, today announce a strategic partnership to support financial institutions in Japan in meeting rising regulatory obligations. The partnership… Read More

Nomura Holdings, Laser Digital, GMO Internet Group to Explore JPY, USD Stablecoin Issuance in Japan

Nomura Holdings and Laser Digital partner with GMO Internet Group to explore the issuance of JPY and USD stablecoins in Japan. This partnership between GMO Internet Group, Inc., Nomura Holdings, Inc., and Laser Digital Holdings AG aims “to leverage our track record in stablecoin issuance… Read More

Ripple Partners with Tokyo’s HashKey DX to Introduce XRP Ledger (XRPL)-powered Enterprise Solutions

Ripple, the provider of enterprise blockchain and crypto solutions, has entered into a strategic partnership with HashKey DX, the Tokyo-based specialized consulting company of the HashKey Group, to introduce XRP Ledger (XRPL)-powered enterprise solutions to the Japanese market. HashKey Group has achieved significant success “with… Read More

Crédit Agricole Corporate and Investment Bank and MUFG Complete Payment in ISO 20022 Format via CHIPS Network

MUFG Bank, Ltd., which claims to be one of the largest banks in Japan, and Crédit Agricole Corporate & Investment Bank, one of the investment banking groups in Europe, reportedly completed the first payment in the ISO 20022 message format on The Clearing House’s CHIPS… Read More

Japan’s MyShell Raises $11m for AI Chatbot Creation on Blockchain

MyShell, a Tokyo-based innovator in the field of artificial intelligence, announced that it has successfully raised $11 million in a Pre-Series A funding round. This recent injection of capital, led by Dragonfly Capital and supported by a consortium of investors including Delphi Ventures, Bankless Ventures,… Read More

Soft Space, the Fintech as a Service Firm, Announces Capital Alliance with GMO Financial Gate in Japan

Soft Space, the fintech-as-a-service company, has announced a capital alliance with its long-standing partner, GMO Financial Gate, Inc., which claims to be one of Japan’s largest payment processing companies. This investment from GMO-FG comes before Soft Space’s planned Series C funding round, combining their strengths… Read More

QR Code Payment Integration Planned Between Japan and ASEAN

Starting in 2025, Japan and the Association of Southeast Asian Nations (ASEAN) plan to unify QR code payment systems to simplify transactions and avoid the need for currency exchange, especially benefiting tourists. This move, as reported by Vietnam News Agency (VNA) and announced by Japan’s… Read More

Matsui Securities Leverages Broadridge’s Post Trade Solution to Enable Stock Lending Efficiency

Matsui Securities Co., Ltd., one of Japan’s online securities brokers, has selected global Fintech Broadridge Financial Solutions, Inc.’s (NYSE:BR) cloud based SaaS post-trade processing solution to drive operational efficiency in its stock lending business. System integrator Intelligent Wave will “develop the front office component and… Read More

Singapore’s Nium Secures Funds Transfer License in Japan

Nium, a real-time cross-border payments firm based in the United States and Singapore, has achieved a significant milestone by becoming the first non-Japanese company to be granted a Type 1 Funds Transfer Service Provider (FTSP) license by the Japanese Financial Services Agency (JFSA). The license… Read More

Global Fintech Adyen Partners with Qoo10, an Online Marketplace for Japanese Consumers

Adyen (AMS: ADYEN) has partnered with Qoo10, an online marketplace operated by eBay Japan. Adyen  said itwill aim to “support Qoo10 with fast and stable payment processing, particularly during peak periods.” Qoo10, a Japanese domestic marketplace, holds a large-scale sales event called “Mega Wari” every… Read More

Stablecoin Issuer Circle and Coincheck to Expand Access to USDC in Japan

Coincheck, Inc. (Headquartered in Shibuya-ku, Tokyo; Satoshi Hasuo, Representative Director & President) and Circle Internet Financial, LLC, a global financial technology firm and the issuer of USDC1, announced plans for a partnership to expand USDC access in the Japanese market. USDC is a fully reserved… Read More

Fintech Stripe Selected by Japan’s Tokyu to Power Subscription Accommodation Service

Stripe, a financial infrastructure platform for businesses, announced that it has been selected by Tokyu to power the multinational conglomerate’s new flat-rate subscription accommodation service. Tokyu oversees more than 200 businesses “across Japan spanning transportation, real estate, and hospitality.” By partnering with Stripe, it will… Read More

IDEX Biometrics and KONA I to Introduce Biometric Payment and Access Cards in Japan

IDEX Biometrics and KONA I are partnering to deploy biometric payment and access cards in Japan. With credit card fraud reported by Japanese companies increasing by 30% year over year to USD 294 million, banks in the market are showing interest for biometric smartcard solutions,… Read More

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