Tagged: mufg

November 6, 2019 @ 8:52 pm By JD Alois  |  

Mitsubishi UFJ Financial Group (MUFG) (NYSE:MUFG) has established the Security Token Research Consortium (ST Research Consortium) to develop next-generation financial transaction services using blockchain technology. Japan has emerged as a robust market for the development of blockchain technology. MUFG  is one of the largest financial… Read More

September 24, 2019 @ 11:04 am By JD Alois  |  

Digital asset issuance and management platform Securitize has raised $14 million in a funding round led by three big multinational banks: Banco Santander (InnoVentures), MUFG (Mitsubishi’s VC arm) and Nomura Holdings. The investment is a solid recognition of the growing relevance of digitization of securities… Read More

January 16, 2019 @ 10:24 am By Samantha Hurst  |  

MUFG Americas Holdings Corporation (MUAH) and GE Capital announced on Wednesday that MUFG Union Bank, N.A., a subsidiary of MUAH, will be acquiring Trade Payable Services (TPS), a supply chain finance platform, from GE Capital. MUFG Union Bank will reportedly assume management control of the systems and processes… Read More

October 3, 2017 @ 10:22 pm By JD Alois  |  

OCBC Bank, HSBC and Mitsubishi UFJ Financial Group (MUFG), along with Infocomm Media Development Authority (IMDA), have successfully completed a proof-of-concept for a Know Your Customer (KYC) blockchain. OCBC Bank is the longest established bank in Singapore formed in 1932 from the merger of 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