In October 2023, Yamaguchi Financial Group (YMfg) decided to adopt the nCino Bank Operating System to integrate the entire process for mortgages, from application to approval and contracting. This platform will now launch on Monday, December 23, 2024.
The second CBDC liaison meeting between the Bank of Japan and related ministries was held on December 2, 2024. The discussion focused on Central Bank Digital Currency (CBDC) data handling, privacy, and utilization.
SBI Savings Bank stands out as a leader in fulfilling the original mission of savings banks: revitalizing low-income finance. Its commitment is evident across numerous initiatives designed to support financial inclusion and consumer well-being. A key area of focus is easing the interest rate burden on ordinary people through accessible
Binance Japan hosted a press briefing today, with CEO Takeshi Chino reviewing the overall market in 2024, as well as Binance Japan accomplishments, and providing an outlook into the next year. Key Market Shift in 2024: Institutional Adoption The most significant development in 2024, according to Chino, has been the
The Bank of Japan completed its last Monetary Policy Meeting of the calendar year today, and left the policy rate unchanged. We invite you to read the full "Statement on Monetary Policy" here: Bank of Japan 2024-12-19Statement on Monetary Policyk241219a.pdf444 KBdownload-circle A little more interesting is the
Funding Societies has raised US$25 million in equity investment from Cool Japan Fund (CJF). The investment from CJF signifies the fund's first investment into a FinTech company in Southeast Asia. Funding Societies will funnel the investment to deepen its core business in SME financing across its five
Digital Garage has launched "CurePort," an online payment service optimized for the medical industry, in joint operation with Resona. This initiative is based on the capital and business alliance between Digital Garage and Resona HD. Resona Group banks including Resona Bank, Saitama Resona Bank, and Kansai Mirai Bank
On Monday, the Osaka Exchange (OSE) issued a fine of 60 million yen against Nomura Securities for unlawful trading of Japanese government bond futures conducted in March 2021. The OSE also announced the suspension of the company’s proprietary trading of government bond futures and government bond futures options from
MS&AD Insurance Group announced that MS&AD Ventures, the corporate venture fund of MS&AD Group based in Silicon Valley, has increased the fund amount by USD 100m, which brings the total amount under management to USD 400m. Through effective investment activities by the CVC, the
Startale Cloud Services (SCS) hosted a Twitter Space discussion yesterday, focused on the key technologies driving mass adoption in Web3, particularly account abstraction, zero-knowledge proofs (ZKPs), and AI agents. Cody (Moderator) initiates the discussion by introducing Sota Watanabe, CEO of Startale Group, and Jake Loo, CTO and co-founder of thirdweb.
Yoii has established Japan's first Revenue-Based Financing (RBF) fund with participation from Mitsubishi UFJ Trust & Banking and others. Through this fund, Yoii will continue to support the growth of startups and small and medium-sized businesses (SMBs) that are taking on new challenges. Background of the establishment of
Metaplanet (TSE:3350) is aggressively pursuing a "Bitcoin First, Bitcoin Only" strategy, transforming its operations and balance sheet around Bitcoin acquisition and related activities. Here is a summary of their recent activities based on the announcements this week. 1. Bitcoin Treasury Operations as a New Business Line Metaplanet