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Japan-based Hokkoku Bank has launched one of the first stablecoins in Japan backed by bank deposits.
stablecoin, web3, cashless, bank account, merchant
UK-based regulatory compliance platform Global Screening Services (GSS) has announced that it secured USD 47 million in a Series A2 funding round.
investment, funding, financial institutions, compliance, regulation
US-based multi-lender point-of-sale platform ChargeAfter has announced the launch of The Lending Hub, a platform that is set to improve how banks provide lending solutions.
digital banking, online banking, mobile banking, lending, embedded lending
Naveen Mallela, Managing Director at JP Morgan Chase, delves into the future of money and cross-border payments, stressing out the importance of tokenized deposits, stablecoins, and CBDCs.
stablecoin, CBDC, cross-border payments, instant settlement, B2B payments, DeFi
MUFG and Binance Japan have began a joint study for the issuance of a new stablecoin pegged to fiat currencies, utilising the ‘Progmat Coin’ platform.
stablecoin, cryptocurrency exchange, cryptocurrency, Token, partnership, regulation, compliance, blockchain
MUFG Investor Services, a division of MUFG, has announced expansion plans for its banking solutions to provide clients with global payment and cash management services.
product upgrade, banking, FX , ACH, payments , fintech, paytech, financial services
Bank of Ireland has raised EUR 750 million to fund sustainable projects through its second green bond issuance of 2023.
green finance, funding, investment, carbon footprint, ESG
Santander CIB and Komgo, a multi-bank trade finance network, have partnered to accelerate the digital transformation of several Trade & Working Capital products.
partnership, investment, digitalisation, trade finance, banks
Vanessa Manning, Head of Transaction Banking, MUFG EMEA discusses sustainability, green climate, green finance, and ESG from the bank’s perspective.
transaction monitoring, green finance, ESG, sustainability
India-based cloud-lending company Lentra has secured USD 27 million as part if its extended Series B round led by MUFG Bank and Dharana Capital.
funding, investment, startup, lending, cloud, SaaS
Payment processors U.S. Bank and Elavon have signed an agreement with the California Restaurant Association to offer customised payment solutions for restaurants in California.
partnership, payments , payment processing, retail, ecommerce, financial services, online payments, e-invoicing, banking, financial data, P2P, digital wallet, fintech, contactless payments, payment methods
India-based financial services company DMI Finance has announced the closer of a USD 400 million equity investment round led by Mitsubishi UFJ Financial Group.
funding, financial inclusion, digitalisation, lending, investment, equity
The Bank of Japan has revealed its plans to launch a pilot programme to test the use of the digital yen after two years of experiments in April 2023.
CBDC, central bank, cryptocurrency, digital assets
Cryptocurrency exchange Coinbase has decided to shut down its operations in Japan due to volatile market conditions and a low demand for digital assets.
cryptocurrency, digital assets, cryptocurrency exchange
India-based fintech platform KreditBee has closed its second tranche of a USD 200 million Series D funding with an USD 100 million in primary funding from Advent International.
funding, investment, lending, financial inclusion, underwriting, credit scoring, banking
India-based fintech platform KreditBee has raised USD 80 million in a series D funding round with participation from MUFG Bank aimed at diversifying its product portfolio.
funding, investment, banking, lending, underwriting, credit scoring
India-based offline payment service provider DotPe has raised a USD 55 milion funding round led by Tamasek.
investment, funding, digitalisation, acquisition, POS, ecommerce
MUFG Bank has planned to establish a presence in an Indian fintech hub following a special economic zone being created in the western state of Gujarat, according to Nikkei Asia.
expansion, online banking, fintech, banks
SYNQA has rebranded into Opn and raised a total of USD 120 million in Series C+ funding.
investment, funding, embedded finance, fintech, payments
Credit-orientated fintech platform Liquidity Group has raised USD 775 million in capital commitments led by Apollo and MUFG, according to FinTech Global.
investment, funding, fintech, lending