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Japan

Welcome to the News View for "Japan".

Here, on these archive pages, you'll find all of the articles on Payments News for Japan listed in date sequence beginning with the most recent article at the top of the page.

Click here for a complete listing of what's available in the Payments News Archive - organized by both posting date and subject category.

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June 04, 2015

Headline News from PaymentsNews.com - June 4, 2015

On the Web:

On the Wires:

Glenbrook's 2015 Payments Education

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Note: Headline News is compiled by Glenbrook Partners. Throughout the day, as we spot interesting developments, this post is updated. Do you have news to share? Tell us here: gotnews@paymentsnews.com!

May 26, 2015

Headline News from PaymentsNews.com - May 26, 2015

On the Web:

  • One out of four accounts ‘dormant’ as mobile money takes over banking - The East African - "Nearly one out of every four bank accounts in East Africa remains inactive as consumers trade traditional banking for the convenience of mobile money services, the findings of two separate studies show."
  • NFC Mobile Payments: An Industry Snapshot - Mobey Forum - "In this paper, Mobey Forum has attempted to produce a one-stop-guide to assist our banking industry colleagues to better understand and compare the various payment options currently available. No solution has emerged from this analysis as a clear winner, indeed it may be that in some cases more than one payment option is a suitable ‘fit’."
  • Nasdaq to step up blockchain trials - FT.com - "Clearing houses are a wonderful invention, but if you have a public ledger that is trusted, you can evolve back to a bilateral (trading) world but proceed with instantaneous settlement.”
  • Announcing Xapo's Advisory Board - Xapo Blog - "Today Xapo is proud to announce the formation of its advisory board with three visionary leaders, Dee Hock, John Reed and Lawrence H. Summers."
  • MIT aims to give bitcoin research, development a stable home - Boston Globe - "A fledgling project at the Massachusetts Institute of Technology Media Lab is offering researchers and software developers a quiet home to work on bitcoin’s core technology, a computer science breakthrough that lets people trade money securely without paying a middleman."
  • Indonesians Start to Embrace Bitcoin - Wall St. Journal - “Many people think that Bitcoin is unheard of in Indonesia, but the fact is its popularity is soaring now,” said Oscar Darmawan, CEO of PT Bit Coin Indonesia, which owns bitcoin exchange site Bitcoin.co.id.
  • EBA Chairman: Banks Must Understand Blockchain Tech - CoinDesk - "Brennan's statement follows the publication of the EBA's Crypto technologies, a major IT innovation and catalyst for change report, which highlighted the blockchain's potential to improve banking, reduce costs and improve product offerings."as
  • Payment Processor Payza's Bitcoin Transactions Rise 20% Per Month - CoinDesk - "Payza, which serves 100,000 online merchants, also noted payments in the digital currency represent approximately 10% of its monthly withdrawal and deposit volume."
  • Docomo Seeks to Make Passwords Unnecessary - Wireless Week - "The carrier expects to become the world's first mobile operator to integrate online services with smartphones capable of FIDO-enabled multiple biometric authentication."
  • IRS system mined for over 100,000 taxpayer records by fraudsters - Ars Technica - "After the IRS disclosed more information, it became clear the user data was not obtained because of a direct hack of government systems. Rather, weak authentication used by the IRS to protect access to taxpayer data is likely at fault."

On the Wires:

  • Nordstrom and TD Bank Group Announce Strategic Credit Card Relationship - "Nordstrom and TD Bank Group (TD) announced today an agreement under which TD will acquire Nordstrom's existing U.S. Visa and private label consumer credit card portfolio, which currently totals approximately $2.2 billion in receivables. In addition, the two companies have entered into a separate long-term agreement under which TD will become the exclusive U.S. issuer of Nordstrom-branded Visa and private label consumer credit cards to Nordstrom customers."
  • Mitek to Acquire IDchecker, a Global Identity Verification Solutions Provider - "The acquisition of IDchecker demonstrates our commitment to delivering solutions that optimize the mobile channel for safe and secure customer acquisition," said James B. DeBello, president & CEO, Mitek. "By expanding our product portfolio, we will transform Mitek into a global provider of mobile capture and identity solutions in the multi-factor authentication market which is projected by the global market research firm MarketsandMarkets to be worth $10.75 billion by 2020."
  • Worldpay extends global payment acceptance capabilities to India - Ramesh Ganesan, Head of Transaction Banking at IndusInd Bank said: “We are delighted to offer eCommerce acquiring services in India in association with Worldpay. We are confident that the association will help both organisations to contribute to the growth of the ever growing Indian eCommerce industry. This partnership will allow each company to benefit from the other’s respective expertise in domestic and international payments thereby helping in promoting online payment services in India.”
  • TSYS and PAX Technology, Inc. Launch Semi-Integrated EMV Solution - “Making the switch to accept EMV transactions can be a confusing and daunting process, which is why it is important to us to offer our clients a simplified approach,” said Craig Ludwig, head of product for TSYS’ Merchant Services segment. “Our all-in-one solution developed with PAX not only reduces costs and time required for EMV certification, but also provides advanced security features to guard against credit card fraud.”
  • Digital River Names Hayden Reed Senior Vice President and General Manager for Digital River World Payments - "He joins Digital River from MasterCard Worldwide, where he served for ten years, most recently as the senior vice president and group head of emerging payments product for credential management. Prior to MasterCard Worldwide, he served in leadership positions with companies such as First Data Corporation; Electronic Commerce Payments, Inc.; CheckFree Corporation, which is now part of Fiserv, Inc.; Banc One Corporation, which was acquired by JPMorgan Chase & Co.; and Ernst & Young LLP."
  • InstaMed Releases 2014 Trends in Healthcare Payments Annual Report - “The InstaMed Network has processed hundreds-of-billions of dollars in healthcare payments to date, which gives us a unique perspective on healthcare payment trends, including the growth in consumer payment responsibility," said Bill Marvin, President and CEO of InstaMed. "With the release of this annual report, we are leveraging our unique vantage point to educate the industry and promote awareness, change and greater efficiency in healthcare payments.”
  • Staples Celebrates Million Dollar Milestone for Staples Business Loans -"Staples teamed up with Lendio, an innovative financial technology firm and the leading small business-lending marketplace, to deliver a suite of funding options that help solve these challenges."

Glenbrook's 2015 Payments Education

Updates from Glenbrook:

Note: Headline News is compiled by Glenbrook Partners. Throughout the day, as we spot interesting developments, this post is updated. Do you have news to share? Tell us here: gotnews@paymentsnews.com!

March 03, 2015

Headline News from PaymentsNews.com - March 3, 2015

On the Web:

On the Wires:

  • Visa, Pizza Hut and Accenture Develop Connected Car Commerce Experience - “By 2020 it is estimated that more than 250 million vehicles worldwide will include some form of embedded connectivity1,” says Bill Gajda, senior vice president of Innovation and Strategic Partnerships, Visa Inc. “As the number of connected cars on the road increases, so does our ability to bring secure online commerce to consumers everywhere. We initially focused on a specific use case – ordering a meal on your way home – but we envision a world where consumers can seamlessly make many of their everyday purchases from the car.”
  • MasterCard and eTranzact Make it Easier for Millions of Nigerians to Receive Remittances - “For millions of Nigerians, the receipt of funds from friends and family is an important lifeline. HomeSend provides senders across the globe and the recipients in Nigeria with a convenient, safe, and cost effective money transfer channel,” says Omokehinde Ojomuyide, Vice President and Area Business Head for West Africa, MasterCard.
  • Elavon's Simplify Application Makes Payment Security for Mid-to-Large Size Businesses Simple - "Simplify is a software application that resides within a payment terminal that is integrated with a customer’s current POS or Property Management System (PMS). The application uses a layered approach to security that combines encryption, tokenization and EMV to mitigate vulnerabilities while cardholder data is in-transit, in-use and at-rest."
  • Stratos Launches First-To-Market Connected Payment Card, Shipping April 2015 - “Stratos exists to empower consumers to make smarter, more secure payment decisions – all with the benefit of consolidating the cards in their wallets,” said Thiago Olson, Co-Founder and CEO of Stratos. “Replacing the dumb plastic we carry every day, Stratos Card is connected hardware designed to improve how we pay with more security, better decisions and ease of use. Stratos is reinventing your wallet and cards just like the iPod and iTunes reinvented your CD collection.”

Glenbrook's 2015 Payments Education Schedule Now Available!

Updates from Glenbrook:

Note: Headline News is compiled by Glenbrook Partners. Throughout the day, as we spot interesting developments, this post is updated. Do you have news to share? Tell us here: gotnews@paymentsnews.com!

March 07, 2014

Headline News from PaymentsNews.com - March 7, 2014

On Twitter:

On the Web:

On the Wires:

Updates from Glenbrook:

Note: Headline News is compiled by Glenbrook Partners. Throughout the day, as we spot interesting developments, this post is updated. Do you have news to share? Tell us here: gotnews@paymentsnews.com!

February 27, 2014

Headline News from PaymentsNews.com - February 27, 2014

Glenbrook's Payments Insight Workshop series this spring focuses on three key topics for payments professionals: Bitcoin - Basics and Beyond (March 26), Data in Payments (April 22) and Innovation in Payments (May 8). Offered in a small group setting in the San Francisco Bay Area, registration is now open for each of these workshops!

On the Web:

On the Wires:

Updates from Glenbrook:

Note: Headline News is compiled by Glenbrook Partners. Throughout the day, as we spot interesting developments, this post is updated. Do you have news to share? Tell us here: gotnews@paymentsnews.com!

January 02, 2014

Headline News from PaymentsNews.com - January 2, 2014

Next Glenbrook Payments Boot Camps: Feb 4-5 in Palo Alto, CA; March 18-19 in New York City. Alternatively, you can request a private Payments Workshop held on-site at your location.

On the Web:

On the Wires:

Updates from Glenbrook:

Note: Headline News is compiled by Glenbrook Partners. Throughout the day, as we spot interesting developments, this post is updated. Do you have news to share? Tell us here: gotnews@paymentsnews.com!

November 05, 2013

Headline News from PaymentsNews.com - November 5, 2013

On the web:

On the wires:

Updates from Glenbrook:

  • Looking for consulting help from Glenbrook? Let us know your needs here - and we'll get right back to you!
  • Join Glenbrook's Carol Coye Benson and Scott Loftesness for our Glenbrook Payments Boot Camp on December 10-11th in Palo Alto, California!
  • Glenbrook's Elizabeth McQuerry will be speaking on New Payments Regulation in Brazil at the International Money Transmitter Conference in Miami, Nov 4-7, 2013.
  • Glenbrook's Jacqueline Chilton will be speaking social media and payments at the W.net Northern California LINC Networking event being held November 14 at Google.
  • Join our mailing list for updates about Glenbrook events. Follow us on Twitter: @paymentsnews and @paymentsviews

Note: Headline News is compiled by Glenbrook Partners. Throughout the day, as we spot interesting developments, this post is updated. Find something interesting to share? Tell us about it: gotnews@paymentsnews.com!

October 30, 2013

Headline News from PaymentsNews.com - October 30, 2013

On the web:

On the wires:

Updates from Glenbrook:

  • Looking for consulting help from Glenbrook? Let us know your needs here - and we'll get right back to you!
  • Join Glenbrook's Carol Coye Benson and Scott Loftesness for our Glenbrook Payments Boot Camp on December 10-11th in Palo Alto, California!
  • Glenbrook's Elizabeth McQuerry will be speaking on New Payments Regulation in Brazil at the International Money Transmitter Conference in Miami, Nov 4-7, 2013.
  • Join our mailing list for updates about Glenbrook events. Follow us on Twitter: @paymentsnews and @paymentsviews

Note: Headline News is compiled by Glenbrook Partners. Throughout the day, as we spot interesting developments, this post is updated. Find something interesting to share? Tell us about it: gotnews@paymentsnews.com!

August 28, 2013

Headline News from PaymentsNews.com - August 28, 2013

On the web:

On the wires:

Updates from Glenbrook:

Note: Headline News is compiled by Glenbrook Partners. Throughout the day, as we spot interesting developments, this post is updated. Find something interesting to share? Tell us about it: gotnews@paymentsnews.com!

October 11, 2012

MasterCard Connects DOCOMO’s Domestic Payment Network to the World

MasterCard logo 140px MasterCard and NTT DOCOMO have announced that MasterCard has been selected as a partner to expand contactless payments options for consumers in Japan. "The collaboration will connect DOCOMO’s domestic payment network to the world, enabling customers using iD mobile credit payments with compatible DOCOMO smartphones to make contactless payments outside of Japan, anywhere MasterCard PayPass is accepted."

May 09, 2012

PayPal and SOFTBANK to Establish a Joint Venture in Japan

PayPal logo 140pxPayPal and SOFTBANK announced that the two companies plan to establish a joint venture company, "PayPal Japan", to build a digital payments business in Japan.

The joint venture will bring together the strengths of both companies - PayPal's global online and mobile payment solutions with 110 million active accounts in 190 markets and 25 currencies, along with the SOFTBANK Group's local market knowledge, 29 million mobile subscribers and vast distribution network including thousands of retail outlets and sales staff across Japan.
PayPal and SOFTBANK also announced PayPal Here in Japan as the fifth "availability" country along side the USA, Canada, Hong Kong and Australia.

April 18, 2012

January 16, 2012

August 02, 2011

June 06, 2011

InComm Introduces Prepaid to the Discount Channel in Japan

InComm logo 140pxInComm has announced that it is teaming up with Don Quijote, Japan's largest discount store chain, to launch a suite of point-of-sale activation (POSA) prepaid products utilizing InComm's Fastcard technology at all of its retail locations.

While most retailers in North America regularly use POSA technology to enable display merchandising of gift and prepaid cards, the Don Quijote launch represents the first roll out of this technology in the major discount store industry in Japan.

June 14, 2010

Celent Shares Learnings from Japan's Mobile Payments Market

Celent has published a new report titled "Lessons from the Mobile Payments Leader: What the World Can Learn from the Japanese Market" that identifies ways for the US and other countries to learn how to lay the groundwork for faster, more successful implementations of mobile NFC payment solutions - based upon the experience in Japan. From the abstract:

Within industry pundits' persistent predictions about the imminent advent of mobile near-field communication (NFC) contactless payments, the Japanese market is frequently cited as proof that such payments have a future. However, Japanese market reality is not as much of a straightforward success as many believe. Based on primary research with leading mobile carriers, banks, payment services/brands, and technology vendors, Celent estimates that there are 28 million registered mobile payments accounts in Japan . Furthermore, Celent estimates that there are about 20 million active mobile payments accounts. Respectively, these constitute 24% and 17% of all contactless payment accounts.

READ MORE »

February 26, 2010

Virtual Visa Debit Card Program Launched in Japan

Visa has announced the launch of the first virtual Visa Debit card program in Japan. Japan Net Bank’s (JNB) two million customers will be able to use a virtual Visa Debit card to make payments at any online merchant that accepts Visa globally. READ MORE »

January 18, 2010

mophie and FeliCa Contactless Payments for Japan

mophie, a provider of "intelligent case solutions for the iPhone and other Apple devices", has announced a collaboration with Flight System Consulting and Focal Point Computer to develop a mobile payment solution for FeliCa technology that will allow users to "instantly read and write electronic money card information using only the iPhone device and marketplace FeliCa App." READ MORE »

May 14, 2009

TSYS to Provide Travel Bank With Japan's First Visa Prepaid Card

TSYS announced today that it would begin processing Visa-branded prepaid cards for the Japanese market in July 2009. The prepaid cards will be issued by Travel Bank Inc., a financial services company that is part of the JTB Group. Consumers can use the cards to make payments at Visa merchants when traveling overseas or to withdraw cash from Visa ATMs. READ MORE »

April 01, 2009

JCB International Appoints New President and Chief Operating Officer

JCB has announced the appointment of Mr. Koremitsu Sannomiya as President and Chief Operating Officer at its annual shareholders' meeting in Tokyo. Mr. Sannomiya succeeds Mr. Kenji Seto, who has served in the position since June 2007. Mr. Sannomiya will report to Mr. Tamio Takakura, Chairman and Chief Executive Officer. READ MORE »

July 01, 2008

InComm Helps Power Gift Cards at Seiyu Stores in Japan

InComm has announced that, beginning today, Seiyu shoppers can purchase a range of iTunes Cards at all 392 retail locations throughout Japan through in-store technology powered by InComm's Fastcard point-of-sale activation (POS) technology. Rolling out first with iTunes Cards, Seiyu will expand the offering at all retail locations offering a wide-variety of gift card selections over the next few years. READ MORE »

December 12, 2007

August 23, 2007

ONE Payment Alliance Consolidates China, Japan and Korea Payments

"ONE Payment Alliance Corp., a collaborated payment processing service with ChinaPay, ECONTEXT, and INICIS, announced today it has launched an online payment processing service for China, Japan, and Korea market with a single interface, a single merchant service, and a single payment gateway to reach out to online consumers in the three largest economies in Asia. This alliance service is available to begin online payment processing services to many global merchants wishing to conduct online business in China, Japan and Korea immediately."

READ MORE »

August 22, 2007

NEC, Valista Partner for Payments Solutions

NEC Corporation and Valista International have announced forming a "strategic partnership to target payments solutions business opportunities in Japan with secure and flexible payments offerings." The two companies also said that "the partnership also has sights beyond the Japanese domestic market aiming to expand into the global telecommunications market combining NEC's proven strength in system integration and Valista's global experience in payments, settlement, and merchandizing solutions."

READ MORE »

March 15, 2007

Cash - A Look At Japan

On the Digital Money blog, Dave Birch digs into the impact that contactless mobile payments are having on the levels of cash in circulation in Japan. "The Feds say that the Bank of Japan reported that the total amount of cash in circulation has started to fall for the first time on record."

February 26, 2007

NTT DoCoMo, McDonald's Partner For Mobile Payments in Japan

Reuters reports that NTT DoCoMo and McDonald's have announced they will be forming a new joint venture company to facilitate acceptance of mobile payments at McDonald's locations in Japan.

November 14, 2006

JCB's 10th World Conference Held in Honolulu

JCB is holding its 10th JCB World Conference from November 13th to 15th in Honolulu with a theme of 'Working
Together to Shape the Future of Payments'.

READ MORE »

November 06, 2006

Japan Begins To Embrace Credit Cards

Yuka Hayashi reports for the Wall St. Journal on the shift that's taking place as Japanese consumers begin to move away from paying with cash to increasingly pay using credit cards. Among other factors, the popularity of shopping online is behind the behavioral shift - as cash payments aren't possible online. On the other hand, the use of revolving credit - the mainstay of US credit card issuer economics - is a second behavioral shift that's still on the horizon.

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