Tag: banking

In addition, a weaker yen lifted exporters' shares. Meanwhile, the Bank of Japan will wrap up its monetary policy meeting announce its decision on interest rates later in the day. The central bank is widely expected to keep its benchmark lending rate ... ( read original story ...)

A spate of data issued on Friday cast doubt on the Bank of Japan’s optimistic projection that a strengthening recovery will prompt firms to hike wages and boost consumption, helping accelerate inflation to its elusive 2 percent target. The weakness in ... ( read original story ...)

CNBC reports that the Japan Bank Consortium, comprised of 61 member banks, is set to release MoneyTap, a Ripple-powered smartphone app that will allow customers to settle transactions in real time. The country's current system for cash transfers is limited. ( read original story ...)

Ripple powered mobile app to provide on-demand domestic payments in Japan — Ripple — “MoneyTap allows the bank consortium customers to make instant domestic payments and only requires a bank account, phone number, or QR code… The Japan bank ... ( read original story ...)

JP Buntinx is a FinTech and Bitcoin enthusiast living in Belgium. His passion for finance and technology made him one of the world's leading freelance Bitcoin writers, and he aims to achieve the same level of respect in the FinTech sector. ( read original story ...)

The stock of OITA BANK LTD ORDINARY SHARES JAPAN (OTCMKTS:OITAF) registered an increase of 800% in short interest. OITAF’s total short interest was 900 shares in March as published by FINRA. Its up 800% from 100 shares, reported previously. It closed at ... ( read original story ...)

BEIJING (dpa-AFX) - The Bank of Japan will wrap up its monetary policy meeting on Friday and then announce its decision on interest rates, highlighting a modest day for Asia-Pacific economic activity. The central bank is widely expected to keep its ... ( read original story ...)

Ripple said that the app would make it easier for banks to settle round-the-clock domestic payments in Japan. Consumers will require a bank account, phone number or a QR barcode to use the app, Ripple said. The banking consortium is led by SBI Ripple Asia ... ( read original story ...)

Yesterday, in a statement that received surprisingly little attention, the Japanese Bank Consortium unveiled a mobile app built on Ripple’s distributed ledger. The app is called “MoneyTap.” It will give customers the power to send money around the ... ( read original story ...)

A consortium of Japanese banks will be using the Ripple blockchain to allow consumers to settle transactions quickly through a new smartphone application. In an announcement released yesterday, by the San Francisco-based company, ‘MoneyTap is the first ... ( read original story ...)

The value of overall bank lending in Japan was up 2.1 percent on year in February, the Bank of Japan said on Thursday - coming in at 521.735 trillion yen. That follows the downwardly revised 2.3 percent increase in January (originally 2.4 percent). ( read original story ...)

However, despite the solid growth — the longest run in 28 years — analysts say the Bank of Japan is unlikely to bring forward a debate on exit from monetary stimulus given the sluggish wages that have prevented consumer spending and inflation from ... ( read original story ...)

India Can No Longer Spend Its Way To Higher Growth Why Is PM Modi Allowing DACOIT-y On Indian Digital Startups? India’s Online Streaming Infatuation Is Taking Over Its Love For Cinema Steel, Aluminium, And The New Trade War ‘Achhe Din ... ( read original story ...)

"Still, Japan's growth will hold firm at least until summer, led by exports and capital expenditure, with help from the solid U.S. economy." With inflation remaining distant from the 2 percent target, the Bank of Japan is widely expected to keep its ... ( read original story ...)

“Still, Japan’s growth will hold firm at least until summer, led by exports and capital expenditure, with help from the solid U.S. economy.” With inflation remaining distant from the 2 percent target, the Bank of Japan is widely expected to keep its ... ( read original story ...)

The Tokyo attorney and bankruptcy trustee for the now-defunct Mt. Gox exchange disclosed on Wednesday that he sold about $400 million worth of Bitcoin and Bitcoin Cash since late September. Kobayashi is sitting on another $1.9 billion of the tokens and ... ( read original story ...)