Articles with tag: mufg

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Liquidity Capital, MUFG secure USD 80 mln initiative for Asia-based startups

11 Aug 2020 | Payments General

Israel-based AI technology firm Liquidity Capital has partnered with Japan-based MUFG Bank to determine the feasibility of issuing loans to Asian startups.

Liquidity Capital, MUFG Bank, initiative, Asia, startups, Singapore, Israel, Japan, Mars Growth Capital, Mars Growth, AI technology, bank accounts, accounting information, financing, ecommerce, Mitsubishi UFJ Financial Group, Meitav Dash Investments

ChargeAfter teams up with MUFG Innovation to expand POS usage

09 Jun 2020 | Online Payments

US-based ChargeAfter, a POS financing platform, has partnered MUFG Innovation to equip retailers with tools to approve applications for POS Financing from multiple lenders.

MUFG Innovation, partnership, POS, ChargeAfter, US, retailers, lenders, technology, banks, ecommerce, onboarding, merchants

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

Ripple joins ISO 20022 standards body

07 May 2020 | Payments General

Cross-border payments network Ripple has become part of the ISO 20022 standards body, becoming one of its first members focused on distributed ledger technology (DLT). 

Ripple, XRP, ISO 20022, distributed ledger technology, DLT, RippleNet, API, global payments network, MUFG, SCB, Santander, SWIFT MT, cross border payments, payment messaging standard

Grab, Wirecard enter payments partnership in Southeast Asia

11 Mar 2020 | Online Payments

Germany-based fintech Wirecard has announced a payments partnership with Singapore-based provider of transportation, logistics and financial services Grab

Grabpay, Grab, Wirecard, online payments, Southeast Asia, Singapore, Mitsubishi UFJ Financial Group, MUFG, TIS, financial commerce platform, ecommerce, logistics, transportation,

ICC, the Singapore Government, and large companies form alliance for digitalisation of global trade

22 Jan 2020 | E-invoicing, SCF & E-procurement

ICC, the Singapore Government, and large companies from key industries have signed a historic cooperation agreement to facilitate and accelerate adoption of digital technologies in trade and commerce.

trade, commerce, APRIL, DBS Bank, Marubeni Corporation, Mastercard, Mitsubishi Corporation, Mitsui, Mizuho Bank, MUFG Bank

Union Bank partners with FIS for banking technology

16 Jan 2020 | Online & Mobile Banking

Union Bank and US-based financial services provider FIS have announced a cooperative agreement to deliver a core digital banking platform.

Union Bank, MUFG, FIS, digital banking, core banking service, banking, online banking, United States, US, North America, FIS Modern Banking Platform

MUFG executes blockchain letter of credit using komgo

13 Jan 2020 | E-invoicing, SCF & E-procurement

Japan-based MUFG Bank has completed its first live blockchain transaction on the commodity trade finance platform, komgo.

komgo, MUFG, letter of credit, trade finance, blockchain trade finance platform, trade finance platform, MUFG Bank, ABN AMRO, BNP Paribas, Citi, Crédit Agricole Group, Gunvor, ING, Koch Supply & Trading, Macquarie, Mercuria, Natixis, Rabobank, Shell, SGS, Société Générale

MUFG reveals plans for mobile payment service

06 Dec 2019 | Mobile Payments

Japan-based bank Mitsubishi UFJ Financial Group has announced its plans to launch a mobile payment service with staffing company Recruit Holdings.

MUFG, digital currency, mobile payments, banks, accounts, transactions, QR codes, transfers

vCargo Cloud launches trade finance portal on the Networked Trade Platform

13 Nov 2019 | E-invoicing, SCF & E-procurement

Singapore-based trade facilitation platform provider vCargo Cloud has announced that it launched CamelONE Trade Finance on the Networked Trade Platform.

vCargo Cloud, CamelONE Trade Finance, United Overseas Bank, ANZ, BNP Paribas, DBS Bank, HSBC, Industrial and Commercial Bank of China, MUFG Bank, Oversea-Chinese Banking Corporation, Standard Chartered Bank, Monetary Authority of Singapore, Singapore, Asia, APAC

Singapore launches new e-service for trade finance

06 Sep 2019 | E-invoicing, SCF & E-procurement

Singapore Customs, the Monetary Authority of Singapore, in partnership with other financial institutions, have created a new e-service for trade finance.

Singapore Customs, the Monetary Authority of Singapore, Singapore, trade finance e-service, national trade finance, financial institution, trade finance, BNP Paribas, DBS Bank, ICBC, MUFG Bank, OCBC Bank, UOB

MUFG bank to launch a Japanese stablecoin in 2019

10 Apr 2019 | Cryptocurrencies

Cointelegraph has announced that Mitsubishi UFJ Financial Group (MUFG) is planning to make its Japanese yen-pegged stablecoin MUFG Coin available to the public.

Japan, MUFG, bank, launch, stablecoin, payments, cryptocurrency, yen, currency, transfer, transactions

MUFG Bank deploys Nok Nok Labs biometric authentication suite

28 Feb 2019 | Digital Identity, Security & Online Fraud

MUFG Bank has worked with Hitachi and authentication company Nok Nok Labs to deploy the Nok Nok S3 Authentication Suite (NNL S3 Suite).

Japan, MUFG Bank, Hitachi, Nok Nok Labs, biometrics, authentication, mobile banking, banks, financial services, security

MUFG Bank enters into Consent Order with the OCC

25 Feb 2019 | Digital Identity, Security & Online Fraud

MUFG Bank has entered into a Consent Order with the US-based Office of the Comptroller of the Currency (OCC) relating some deficiencies identified by the OCC.

MUFG Bank, consent order, the OCC, US, BSA, AML, banks, compliance, OFAC, regulations, monetary penalty

Large Japanese bank plans to launch blockchain payments network in 2020

14 Feb 2019 | Cryptocurrencies

Mitsubishi UFJ Financial Group (MUFG), a large Japanese financial group, has announced plans to launch a blockchain-based payments network in 2020.

Mitsubishi UFJ Financial Group, MUFG, Japan, blockchain payments, Akamai Technologies, IoT, payments

MUFG Union Bank acquires SCF Platform Trade Payable Services

17 Jan 2019 | E-invoicing, SCF & E-procurement

US-based MUFG Union Bank has announced the acquisition of supply chain finance platform Trade Payable Services from GE Capital.

MUFG Union Bank, Trade Payable Services, GE Capital, acquisition, supply chain finance, SCF platform, e-invoicing, ACH payments, B2B payments,

MUFG launches new USD 185 mln fintech fund

11 Jan 2019 | Payments General

MUFG has established MUFG Innovation Partners (MUIP), a JPY 20 billion (USD 185 million) fund to accelerate open innovation and partnerships with fintech startups.

MUFG, fintech, fund, innovation, MUFG Innovation Partners

MUFG picks TCS Bancs to consolidate payments

24 Dec 2018 | Payments General

MUFG Bank, one of Japan’s financial institutions, has selected Tata Consultancy Services (TCS) to overhaul its payments operations.

MUFG Bank, Tata Consultancy Services, payments, APIs

Spains BBVA completes first syndicated loan using blockchain tech

26 Nov 2018 | Payments General

BBVA, BNP Paribas, and Japan-based bank MUFG, have issued a EUR 150 million sindicated loan to Red Electrica Corporation, using blockchain technology.

BBVA, BNP Paribas, MUFG, investment, blockchain, payments, Spain, blockchain, syndicated loan, Distributed ledger technology, blockchain technology, lending, B2B

MUFG, Banco Bradesco team on Ripple-based cross-border payments

13 Nov 2018 | Payments General

MUFG Bank has signed a Memorandum of Understanding with Banco Bradesco to collaborate on a new cross-border payment service.

MUFG Bank, Banco Bradesco, cross-border, payment, Ripple