Articles with tag: japan

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hey secures growth investment led by Bain Capital Tech Opportunities

04 Aug 2020 | Online Payments

Japan-based payments and ecommerce platform hey has announced it secured a Series E investment led by Bain Capital Tech Opportunities.

hey, ecommerce, Japan, Series E, Bain Capital Tech Opportunities, online retail, cashless payments, Coubic, point-of-sale, terminal, merchants

Airwallex teams up with Deutsche Bank

28 Jul 2020 | Online Payments

Deutsche Bank has partnered with fintech Airwallex to provide virtual account collections in Japan and API-enabled foreign exchange (forex) services in Hong Kong. 

Airwallex, Deutsche Bank, banks, payments, partnership, fintech, Japan, API, exchange, Hong Kong, startup, Germany, cross-border payments, payments, merchants, technology

Digitalisation of SMBs could add USD 3.1 trillion to Asia Pacific's GDP

28 Jul 2020 | Payments General

The 2020 Asia Pacific SMB Digital Maturity Study has shown that the digitalisation of SMBs in Asia Pacific could add USD 2.6 to 3.1 trillion to the region’s GDP by 2024.

digitalisation, SMBs, Asia Pacific, economic, 2020 Asia Pacific SMB Digital Maturity Study, digital, IDC, Cisco, COVID-19, coronavirus, pandemic, technology, cloud, IT, software, Digital Observers, Singapore, Japan, New Zealand, China Taiwan, Thailand, Korea, Hong Kong, Malaysia

Plum secures USD 10 mln in founding round

22 Jul 2020 | Online & Mobile Banking

Plum, a Greece-based fintech that offers a money management app, has raised a USD 10 million in funding as it gears up for European expansion.

Plum, mobile app, Greece, fintech, Europe, Japan, Global Brain, European Bank of Reconstruction and Developments, VentureFriend, banks, savings, artificial intelligence, AI, transactions, ISA, technology, Splitter, Spain, France

Bank of Japan sets up new team to explore Central Bank Digital Currency

22 Jul 2020 | Online & Mobile Banking

The Bank of Japan (BOJ) has set up a new team to explore the implications of central bank digital currencies.

Bank of Japan, banks, Central Bank Digital Currency, BOJ, CBDC, digital currencies, Japan

Bank of Japan explores the potential offline use of a digital yen via CBDC

08 Jul 2020 | Cryptocurrencies

The Bank of Japan (BoJ) has published a research paper exploring the potential offline use of a digital yen using central bank digital currency (CBDC).

CBDC, central bank digital currency, decentralised CBDC, electronic money, smartphone, distributed ledger, SIM, cards, payments, Bank of Japan, Japan, BoJ

Japan to review bank transfer fees

03 Jul 2020 | Payments General

Japan’s government has announced plans to conduct a review of bank transfer fees.

bank transfer fees, banking, fintech, digitalisation, digital payment infrastructure, Japan

Amex commits USD 200 mln small businesses hit by the pandemic

30 Jun 2020 | E-invoicing, SCF & E-procurement

American Express has committed USD 200 million to help small merchants recover from the impact of the COVID-19 lockdown.

Amex, American Express, merchants, COVID-19, coronavirus, cards, Canada, UK, Australia, France, Germany, Italy, Japan, Mexico, Spain, US Chamber of Commerce SMBs, National Black Chamber of Commerce, National Business League, Walker’s Legacy

Fujitsu Frontech, Soft Space team up for contactless payments

30 Jun 2020 | Online Payments

Fujitsu Frontech and Asia-based fintech company Soft Space have entered into a memorandum of understanding (MOU) that aims to boost the usage of contactless card payments with smart devices in Japan.

Fujitsu Frontech, Soft Space, collaboration, contactless payments, NFC, Japan, Asia, payments, contactless cards, settlement terminal, fintech

Boku teams up with LINE Pay Japan to enable e-wallet payments to merchants

25 Jun 2020 | Mobile Payments

Provider of mobile payment and mobile identity solutions Boku has announced a partnership with Japan-based e-wallet and QR code payment service providers LINE Pay.

Boku, LINE Pay, e-wallet, QR payments, mobile payments, partnership, Japan, Asia, APAC

SYNQA secures USD 80 mln in Series C

23 Jun 2020 | Cryptocurrencies

Thailand-based SYNQA, the parent company of OMG Network, has raised USD 80 million in a Series C funding round led by Siam Commercial Bank.

OMG Network, SYNQA, Thailand, Siam Commercial Bank, Japan, Toyota Financial Services, Sumitomo Mitsui Banking, SMBC Venture Capital, Aioi Nissay Dowa Insurance

Stakeholder activism opens in Japan as Mizuho faces climate resolution

23 Jun 2020 | Payments General

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

TransferGo secures EUR 10 mln in funding, launching in 11 new markets

17 Jun 2020 | Payments General

TransferGo, a UK-based international money transfer service, has raised EUR 10 million in funding.

TransferGo, UK, Seventure, Vostok Emerging Finance, Hard Yaka, Revo Capital, Bootstrap Europe, startup, Japan, New Zealan, Saudi Arabia, Singapore, Ghana

Bango launches SoftBank payment option for Amazon.co.jp

16 Jun 2020 | Mobile Payments

Bango, a mobile commerce company, has enabled carrier billing for mobile operator SoftBank on Amazon.co.jp.

Bango, mobile commerce, carrier billing, mobile payments, Japan, Amazon, monetisation, subscription

AirAsia rolls out contactless procedures at the airport

15 Jun 2020 | Mobile Payments

Malaysia-based airline company AirAsia has implemented contactless procedures at the airport to align with the safety measures imposed by the government.

AirAsia, Malaysia, SOPs, Recovery Movement Control Order, RMCO, World Health Organisation, International Civil Aviation Organisation, ICAO, contactless payments, Wave, AliPay, WeChat Pay, Kuala Lumpur International Airport, contactless kiosks, Malaysia, Thailand, Philippines, Indonesia, Japan, mobile app, Apple Wallet

Rapyd research identifies rising digital payments across APAC

11 Jun 2020 | Online Payments

Global fintech Rapyd has revealed data regarding the frequently used and preferred payment methods in APAC. 

Rapyd, The Rapyd 2020 Asia Pacific eCommerce and Payment Study, APAC, India, Indonesia, Japan, Malaysia, Singapore, Taiwan, Thailand, e-wallets, e-commerce, mobile commerce, cards, mobile wallets, Real-Time Payment, RTP, UPI, PromptPay, PayNow, Touch N Go, Boost, PayPal, GrabPay, Cash on Delivery, Movement Control Order, mobile payment methods

SoftBank launches minorities startup fund

04 Jun 2020 | E-invoicing, SCF & E-procurement

Japan-based SoftBank has launched a USD 100 million fund that will invest in companies led by ‘people of colour’.

George Floyd, SoftBank, startup, Japan, Opportunity Growth Fund, Twitter, Masayoshi Son, Vision Fund, Bank of America

Shinsei Bank to buy UDC Finance

03 Jun 2020 | E-invoicing, SCF & E-procurement

Australia and New Zealand Banking Group (ANZ) has decided to sell its New Zealand-based asset finance unit for USD 674 million to Japan-based Shinsei Bank.

ANZ, Shinsei Bank, banks, Australia and New Zealand Banking Group, banks, banking, New Zealand, Australia, Japan, UDC Finance, CET1

JCB, TECHFUND join research on sustainable payment system using blockchain

02 Jun 2020 | Cards

JCB, a global payment network and a large issuer and acquirer in Japan, has joined TECHFUND to conduct research on the construction of a sustainable payment system using blockchain.

blockchain, payments, cards, JCB, Japan, issuer, acquirer, ecommerce, merchants, TECHFUND

Fundbox receives new funding from MUFG

28 May 2020 | Payments General

Japan-based bank holding company Mitsubishi UFJ Group (MUFG) has invested USD 20 million in Israel-based B2B payment and credit network Fundbox.

MUFG, Israel, B2B, payments, Fundbox, Japan, banks, Mitsubishi UFJ Group, credit, network, MUFG Innovation Partners