Articles with tag like: MUFG

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Fundbox receives new funding from MUFG

News | Payments General | 28 May 2020

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

News | Payments General | 07 May 2020

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

News | Online Payments | 11 Mar 2020

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

Union Bank partners with FIS for banking technology

News | Online & Mobile Banking | 16 Jan 2020

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

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

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

News | Mobile Payments | 06 Dec 2019

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

MUFG bank to launch a Japanese stablecoin in 2019

News | Cryptocurrencies | 10 Apr 2019

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

Large Japanese bank plans to launch blockchain payments network in 2020

News | Cryptocurrencies | 14 Feb 2019

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 launches new USD 185 mln fintech fund

News | Payments General | 11 Jan 2019

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

Spains BBVA completes first syndicated loan using blockchain tech

News | Payments General | 26 Nov 2018

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 could adopt blockchain payments by 2020

News | Cryptocurrencies | 22 May 2018

Mitsubishi UFJ Financial Group (MUFG), a large Japanese bank has developed a new blockchain to boost the speed and lower the cost of payments.

MUFG, blockchain, payments, partnership, Akamai, innovation

Large Japanese bank to release its own cryptocurrency in March 2018

News | Cryptocurrencies | 19 Jan 2018

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

Deutsche Bank, HSBC, MUFG complete PoC of blockchain-based shared KYC with IBM

News | E-invoicing, SCF & E-procurement | 21 Nov 2017

IBM has completed successfully phase I proof-of-concept (POC) of its Shared Corporate Know Your Customer (KYC) project with Deutsche Bank, HSBC, Mitsubishi UFJ Financial Group (MUFG).

IBM, Deutsche Bank, HSBC, Mitsubishi UFJ Financial Group, MUFG, blockchain, KYC, shared KYC, PoC

HSBC, MUFG complete PoC for KYC services using blockchain

News | Cryptocurrencies | 03 Oct 2017

HSBC, Mitsubishi UFJ Financial Group (MUFG), and OCBC Bank have completed a proof of concept for a know your customer (KYC) blockchain.

KYC, PoC, AML, CFT, blockchain, HSBC, Mitsubishi UFJ Financial Group, MUFG, OCBC Bank, Asia

Major banks join forces to create new digital currency

News | Cryptocurrencies | 31 Aug 2017

Barclays, Credit Suisse, Canadian Imperial Bank of Commerce, HSBC, MUFG and State Street have teamed up to create the “utility settlement coin”.

Barclays, Credit Suisse, Canadian Imperial Bank of Commerce, HSBC, MUFG, State Street, cryptocurrency

Sumitomo Mitsui, MUFG join Ripples Japanese banks consortium

News | Cryptocurrencies | 11 Jul 2017

Ripple, a US-based provider of financial settlement solutions, has added two new members to its Japanese banks consortium, Sumitomo Mitsui and MUFG.

Ripple, blockchain, Japanese banks consortium, Sumitomo Mitsui, MUFG, settlement, money transfers, cross-border payments, Japan, Asia

Large Japanese bank to turn credit card unit into digital currency platform

News | Cryptocurrencies | 19 May 2017

The Mitsubishi UFJ Financial Group (MUFG) has announced plans to turn a credit card unit into a hub for digital currencies and payments, according to a Nikkei report.

Mitsubishi UFJ Financial Group, MUFG, cryptocurrency, digital currency, banking, innovation, credit card, Japan, Asia