Japanese banks to begin QR mobile payments pilot

Japan’s megabanks aim to introduce unified smartphone payment system — The Mainichi — “MHFG announced that it will soon embark on a verification test of smartphone payments with Toho Bank, headquartered in Fukushima Prefecture, using the barcodes. It is thought that the results of the test will be used to create uniform standards for the two-dimensional barcodes that are currently being mulled by the three banking groups.”



Japanese banks to pilot blockchain-based mobile payments service

Fujitsu to conduct blockchain field trial of money transfer service with three major Japanese banks — Fujitsu — “Fujitsu will develop a cloud-based blockchain platform for money transfers between individuals that can be jointly used by these three major banks, as well as a smartphone application that allows users to easily handle the different steps for sending money and for making deposits and withdrawals.”


Japanese bank plans new biometrics firm

Japan’s Sumitomo Mitsui Financial Group is planning to establish a company that provides biometric authentication services together with a “major Japanese IT company and an Irish company as early as this spring”, The Japan News reports... More



Japanese firms team with NTT and Daon for biometric venture

Daon Logo

Japan’s Sumitomo Mitsui Financial Group (SMFG) and Sumitomo Mitsui Banking Corporation have signed an agreement with NTT Data and biometrics provider Daon for the commercialisation of services that will offer individual identification platforms utilizing several different types of biometric authentication... More



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