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Rakuten Group has unveiled its plans to consolidate its fintech operations into a unified group in a bid to expand its customer base across various sectors.
fintech, merger, expansion, banking
Singapore-based digital bank Tonik has launched the ‘Luv Stash,’ a savings account that enables couples to save and earn a 4.5% interest rate.
digital banking, neobanks, product launch, bank account, online banking
London-based securities and investment bank Mizuho International has chosen SymphonyAI Sensa for AML detection within its European Capital Markets Division.
AML, artificial intelligence, machine learning, fraud detection, fraud prevention, transaction monitoring
Philippines-based neobank Tonik has launched two lending products, Flex Loan and Big Loan, to further financial and credit inclusion.
online banking, neobanks, lending, interest rate, digital banking, equity
Philippines-based neobank Tonik has implemented InstaPay services in a bid to improve the user experience of its users with real-time transactions.
digital banking, banks, instant payments, mobile payments
Tonik Financial has raised USD 131 million in Series B funding led by Mizuho Bank and new investors including Prosus Ventures, Sixteenth Street Capital, and Indonesian family office Nuri Group.
digital banking, banks, funding, fintech, financial services
Mizuho Americas, partnership, Fenergo, automation, client onboarding, CLM, KYC, AML, regulations, CRM
Japan, settlement, small payments, digital payments, banks
More investors have been publicly backing a resolution to curb coal project lending that shareholders of Mizuho Financial Group are expected to consider this week.
Mizuho Financial Group, banking, lending, shareholders, Japan, environment, activism, fossil fuels
Kyash, digital banking, funding, Japan
Wirecard has extended its partnership with Mizuho Bank aimed for geographic extension, a collaboration on new payout products, and joint digital payment solutions.
Wirecard, Mizuho Bank, payout, digital payments, acquiring, issuing
The number of ATMs worldwide has started falling as big economies, such as China and India, increasingly go cashless, Retail Banking Research shows.
ATM, cashless, research, Retail Banking Research
Line messaging app has decided to expand its business into digital payments and other fintech services.
Line, fintech, mobile, Asia, Japan
Three Japan-based banking groups have cancelled their plans for a peer-to-peer remittance service linked to mobile phone numbers.
Japan, bank, peer-to-peer payments, mobile remittance, blockchain, Mizuho Financial Group, Sumitomo Mitsui Financial Group, Mitsubishi UFJ Financial Group
Japan’s Mizuho Financial Group has announced its own cryptocurrency, which will be used to make payments and transfers through a mobile phone app.
Mizuho, cryptocurrency, Japan, blockchain, mobile payments
Market Research Mentor (MRM) has launched a market analysis that covers assessment on the current state of the trade finance industry and growth rate of the market.
Market Research Mentor, trade finance, analysis, report
The US Securities and Exchange Commission has penalized Mizuho Financial Group for its failure to safeguard information pertaining to stock buybacks by its issuer customers.
SEC, Securities and Exchange Commission, fine, Mizuho Financial Group, fraud prevention, fine
The Paypers interviews Vivek Bajaj, Global VP of Solutions for IBM Financial Services, to find out about IBM Watson and the ways in which AI can be applied within the financial services.
Vivek Bajaj, IBM Financial Services, IBM Watson, AI, artificial intelligence, financial services, KYC, IOT, regtech, money laundering, AML
Japanese three major banks have announced they are working together to standardize a smartphone payment system using QR codes.
Japan, banks, mobile payments, contactles, payments app
Mitsubishi UFJ Financial Group has announced plans to release its own coin by March 2018, according to Investopedia.
Mitsubishi UFJ Financial Group, MUFG, cryptocurrency, digital currency, banking, innovation, crypto, J Coin, Japan, Asia