MUFG

57 results about this entity

Period: 01 Oct 2015 - 17 Apr 2024

/payments

Mizuho Bank prepares roll out of proprietary digital currency

Mizuho Bank is to launch its well-trailed proprietary digital currency in March, with the support of 60 regional domestic banks.

MUFG Europe selects Wolters Kluwer for regulatory reporting

MUFG Europe, the European subsidiary of Japan’s Mitsubishi UFJ Group, has chosen Wolters Kluwer’s OneSumX software to manage a number of regulatory and risk reporting obligations for its Dutch and German business lines, including AnaCredit and Interest Rate Risk in The Banking Book (IRRBB).

MUFG and Banco Bradesco team on Ripple-based cross-border payments

Japan's MUFG Bank and Brazil's Banco Bradesco are teaming up to develop a cross-border payments service based on distributed ledger technology from Ripple.

Banks bid to transform commodities trade finance with new blockchain platform

Some of the world's biggest banks, including Citi, MUFG and Societe Generale, have joined forces on a venture bidding to digitalise the trade and commodities finance sector through a blockchain-based open platform.

MUFG to roll out blockchain payment network next year

Mitsubishi UFJ intends to roll out a new payments platform for micropayments and Internet of Things applications using a blockchain network from Akamai.

Japanese banks join quantum computing hub

Japanese banks MUFG and Mizuho are to join a new IBM Q Hub at Keio University to experiment with future applications for quantum computing in the financial sector.

Mitsubishi to pilot real funds, cross-border payment over RippleNet

Mitsubishi Corporation (MC), MUFG Bank, Ltd. (MUFG Bank), Bank of Ayudhya PCL (Krungsri), a Thailand-based subsidiary of MUFG Bank, and Standard Chartered Bank (Standard Chartered), today jointly announced the commencement of a pilot test for moving real funds over RippleNet, with the objective of making cross-border payments more convenient and further improving the capital efficiency of corporate groups.

MUFG makes investment, forms AI alliance with ExaWizards

Mitsubishi UFJ Financial Group, Inc. (MUFG) today announced that its subsidiary Japan Digital Design, Inc. (JDD) has entered into a business alliance with ExaWizards Inc. (ExaWizards) to accelerate development of services for the financial sector.

NTT Data and MUFG to run blockchain PoC to strengthen trade ties between Japan and Singapore

Mitsubishi UFJ Financial Group, Inc.’s (MUFG) banking entity, The Bank of Tokyo-Mitsubishi UFJ, Ltd. and NTT DATA Corporation (NTT DATA) jointly announced the commencement of a Proof-of-Concept (PoC) prototype leveraging blockchain technology that would strengthen trade ties between Singapore and Japan.

Asean banks complete trial of KYC blockchain

OCBC Bank, HSBC and Mitsubishi UFJ Financial Group (MUFG), together with Singapore's Infocomm Media Development Authority (IMDA), have completed a proof-of-concept for a Know Your Customer (KYC) blockchain.

MUFG joins Neptune

Neptune, the Fixed Income network for real-time “axe” indications, today announced the addition of MUFG to its network.

MUFG joins Ripple’s Global Payments Steering Group

MUFG’s banking arm The Bank of Tokyo-Mitsubishi UFJ (BTMU), the third largest bank in the world and largest bank in Japan, publicly announced today that it is joining Ripple’s Global Payments Steering Group (GPSG).

New US hybrid digital bank PurePoint Financial targets savers

In response to a U.S. savings rate of just 5.4%1, PurePoint Financial, a new division of MUFG Union Bank, N.A., today revealed its new hybrid digital bank aimed at committed savers.

PRA imposes £17.85m fine on BTMU and £8.925m fine on MUFG Securities Emea

The Prudential Regulation Authority (PRA) has today imposed a fine of £17.85m on The Bank of Tokyo-Mitsubishi UFJ Limited (BTMU) and a fine of £8.925m on MUFG Securities EMEA plc (MUS(EMEA)) for failing to be open and cooperative with the PRA in relation to an enforcement action into BTMU by the New York Department of Financial Services (DFS).

Chain and MUFG conduct blockchain trials

Mitsubishi UFJ Financial Group (MUFG) is collaborating with blockchain infrastructure outfit Chain on a proof-of-concept test for the application of distributed ledger technology in the issuance and transfer of Promissory Notes.

Japanese bank creates MUFG Coin for distributed ledger experiment

Bank of Tokyo-Mitsubishi UFJ (MUFG) is the latest financial services giant to confirm it is experimenting with distributed ledger technology, creating its own digital currency as it seeks to find ways to bring down the costs of transactions.

MUFG Fund Services selects Markit fixed income pricing service

Markit (Nasdaq: MRKT), a leading global provider of financial information services, today announced that MUFG Fund Services has selected Markit’s fixed income pricing service for price verification and valuation management.