February 6, 2019 @ 2:21 am By Cali Haan  |  

Three large banks in Japan, players in the country’s “crowded” payments market, have decided to abandon a cooperative pilot undertaken in 2017 to create a peer-to-peer remittance network, Nikkei Asian Review (NAR) reports. The three banks- Mizuho Financial Group, Sumitomo Mitsui Financial Group and Mitsubishi UFJ Financial Group– will… Read More

June 6, 2018 @ 3:16 pm By Cali Haan  |  

The Vice President and General Manager of Coinbase, America’s largest cryptocurrency exchange, announced June 4th that the company is expanding physical operations to Japan. “Our new office will lay the foundation for Japan’s crypto investors to access a range of Coinbase’s products,” writes Dan Romero…. Read More

May 21, 2018 @ 7:52 am By JD Alois  |  

Mitsubishi UFJ Financial Group (MUFG), one of the largest financial institutions in the world, and Akamai Technologies, have announced the development of a new blockchain service. This new partnership seeks to create “the world’s most scalable and fastest payment processing platform” with a capacity to… Read More

October 10, 2017 @ 2:52 am By JD Alois  |  

Fujitsu has announced an agreement with Mizuho Financial Group, Sumitomo Mitsui Financial Group, and Mitsubishi UFJ Financial Group, to conduct a field trial of a “person-to-person money transfer service” using Blockchain technology. The trial is scheduled to commence in January 2018 and last for three… Read More

May 15, 2017 @ 7:31 am By JD Alois  |  

Mitsubishi UFJ Financial Group, Inc. (MUFG) has announced a “functional realignment” of its group subsidiaries. The realignment includes a name change from The Bank of Tokyo-Mitsubishi UFJ, Ltd to MUFG Bank, Ltd. (subject to regulatory approval).  The company said they had two aims: adapting to domestic… Read More