CBDC
Waseda University released the fifth episode of its English language podcast series “Rigorous Research, Real Impact”, covering “Central Bank Digital Currencies from a Japanese Legal Perspective”. In the following, we have summarized Professor Takashi Kubota's insights on Central Bank Digital Currencies (CBDCs), focusing on the legal implications and
digital
The Digital Agency has published its annual report to share the current state of digitalization in Japan and the agency's achievements over the past year (September 2023 - August 2024), using data-driven insights. The report aims to inform the public and stakeholders about the progress and direction of
banking
Mizuho Financial Group and NTT DATA have signed a joint research agreement to develop a "Mizuho-Specialized Model" based on NTT's large language model (LLM) "tsuzumi". This aims to build a customized generative AI model that reflects Mizuho's unique culture and know-how, pursuing
CBDC
The Bank of Japan has published the minutes of the Eighth Meeting of the Liaison Council on Central Bank Digital Currency, held on November 25, 2024. Following the opening remarks from Director Kato, the Secretariat explained the progress status of the pilot experiment (Secretariat materials, pages 1-18). After that, the
banking
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.
banking
In the "2024 Corporate Main Bank Survey", GMO Aozora Net Bank topped the list for increase in main bank corporate customers (for companies with 500 or more clients). While GMO Aozora Net Bank was previously not included in the analysis due to this threshold, in 2024 its customer
banking
South Korean cybersecurity firm RaonSecure has won a contract worth 3.57 billion won (approximately $2.7 million USD) with Japan’s Sumishin SBI Net Bank to provide its biometric authentication solution, TouchEn OnePass. The deal marks a significant expansion of RaonSecure’s presence in Japan, following the company’s