Japan

Today In Payments: Bank Of England Ups Monzo’s Capital Requirements; DoorDash Launches Digital Convenience Stores

Today In Payments: Bank Of England Ups Monzo’s Capital Requirements; DoorDash Launches Digital Convenience Stores
Today In Payments: Bank Of England Ups Monzo’s Capital Requirements; DoorDash Launches Digital Convenience Stores
August 06, 2020  |  News

In today’s top news, the Bank of England upped Monzo’s capital worth requirement, and DoorDash is launching digital convenience stores. Plus, Fiserv reported strong Q2...

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Japan’s Top Banks Prep Cheaper Money Transfer Network
Japan’s Top Banks Prep Cheaper Money Transfer Network
August 06, 2020  |  Banking

Japan’s banking industry has been under pressure from the national government to reduce fees for sending money electronically. Now, the country’s biggest banks said they...

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Bain Capital Technology’s Bet On hey And Japan’s Digital Payments Shift
Bain Capital Technology’s Bet On hey And Japan’s Digital Payments Shift
August 06, 2020  |  Digital Payments

Japan’s history of mobile payments progress is one of the more curious stories in the field. The country was home to one of the world’s...

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Japan’s Payments Firm Hey Nets Series E Funding Led By Bain Capital
Japan’s Payments Firm Hey Nets Series E Funding Led By Bain Capital
August 04, 2020  |  Investments

Japanese eCommerce and payments platform hey announced a Series E investment led by Bain Capital, a press release says. The round was also supported by...

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Airwallex Teams With Deutsche Bank For Foreign Exchange, Collections
Airwallex Teams With Deutsche Bank For Foreign Exchange, Collections
July 28, 2020  |  B2B Payments

Deutsche Bank will allow FinTech firm Airwallex to offer foreign exchange services powered by application programming interface (API) in Hong Kong and virtual account collections in Japan,...

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Bitcoin Daily: MUFG To Issue Crypto For Payment App; Unsuccessful Hackers Demanded $7.5M In Crypto From Argentina’s Telecom SA To Stop Attack
Bitcoin Daily: MUFG To Issue Crypto For Payment App; Unsuccessful Hackers Demanded $7.5M In Crypto...
July 20, 2020  |  Bitcoin

Mitsubishi UFJ Financial Group (MUFG), the biggest banking enterprise in Japan, is scheduled to release a cryptocurrency later this year, CoinDesk reported. The digital currency...

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UN Rule Mandates Connected Cars Be Secured Against Cyberattacks
UN Rule Mandates Connected Cars Be Secured Against Cyberattacks
July 09, 2020  |  Legal & Regulation

A new rule from the United Nations will require connected cars sold in Japan, South Korea and the European Union, among other places, to be...

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SoftBank Wants Out Of Wirecard Partnership After Last Year’s $1B Investment
SoftBank Wants Out Of Wirecard Partnership After Last Year’s $1B Investment
July 01, 2020  |  Cybersecurity

SoftBank is looking to put distance between itself and Wirecard due to the German payments company’s ongoing scandal involving missing money and cooked books, The...

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