Japan

Are Japanese banks flirting with danger in hunt for profit abroad?

Foreign securities account for up to 47% of total securities suggesting a larger risk appetite.

Are Japanese banks flirting with danger in hunt for profit abroad?

Foreign securities account for up to 47% of total securities suggesting a larger risk appetite.

US federal regulator issues fresh warning against MUFG Bank over money laundering lapses

The regulator said that it had uncovered ‘serious’ problems at the bank’s branches.

Japan's megabanks hit the brakes on regional expansion

Sumitomo’s loans to Asia stayed flat at $82b as it shifted focus to the US.

Japanese investment banks lose out to global players in M&A spree

US heavyweights may be in a stronger position to advise on foreign targets.

Japanese regional banks jump in on cashless payment initiative

J-Coin enables transactions without the need to install readers.

Japanese banks heighten riskier lending to offset profit crunch

Lending to small enterprises is on a steady rise since 2013.

Dementia sufferers catch Japanese banks off guard

Japanese residents with dementia will hold $2t in financial assets by 2030.

Japanese banks tie up for QR code payment service

A trial will begin in October 2019 with full launch slated by April 2020.

Open APIs threats

Security measures and user protection From a systems perspective, open APIs mean that a new communications path is being established to link the information systems of financial institutions with the outside world. This brings new risks including data leaks, data fraud, and illicit transactions. There is also the possibility that data relating to user account information and settlement instructions will be exposed to the risks of leaks, tampering, and fraud via handling by TPPs.

Japanese megabanks share ATMs to prop up struggling bottomline

Users from MUFG and Sumitomo may soon be able to withdraw at both ATMs for free.

Japan mulls looser M&A rules to speed up regional bank mergers

The drawn-out approval process will be re-assessed.

Chart of the Week: Japanese regional banks are carrying heavy loan burdens

They're not making enough profit off their massive loan balances.

How to approach open APIs: Threats and oppotunities

Returning to a global perspective, both US and European open API trends, as well as regulatory and market participant responses, are valuable reference points for Japanese market players looking for insight. While Japan was mulling advancements related to open APIs, we continued to find best practices in each industry including banking, insurance, securities, and wealth management in the pioneering European market and the US market. We also continued to offer strategic advice to financial institutions engaging in individual projects and technology vendors.

Japanese banks trial blockchain technology to settle payments

Fujitsu has been tapped to develop the application.

Japanese banks risk-taking hits near 30 year high amidst profit crunch

This marks the highest point since 1990 during the asset-inflated bubble burst.

Sibos 2018: How Japan's megabanks will digitalise trade finance processes using blockchain

They are part of a consortium of trade players working on a Trade Data Sharing Platform.