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.”


Fraud cases across three prefectures involving Apple Pay exploit loophole: Sources

Fraud cases across three prefectures involving Apple Pay exploit loophole: Sources — The Mainichi — “Multiple fraud cases involving stolen credit card information via Apple’s iPhone payment system ‘Apple Pay’ occurred across Osaka, Kyoto and Saitama prefectures in late March this year, investigative sources have revealed… Apple Japan said it had confirmed the Saitama cases, and a source disclosed that after the incidents occurred, Apple reportedly gathered credit card issuing companies together and warned them to exercise caution.”


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