Tag "MUFG Bank"
MUFG Bank Invests US$232 Million in Indian Fintech DMI Finance
MUFG Bank announced that it is set to invest INR 19.1 billion (approximately US$232 million) in Indian fintech company DMI Finance which focuses on consumer digital lending. DMI Finance is a Non-Bank Financial Company (NBFC) that provides fully digitalised personal
Read MoreJapan’s Banks Elect Fujitsu to Build Their Blockchain for Interbank Settlements
Last year, a consortium of 61 Japanese banks banded together to test domestic fund transfers using digital currencies in hopes of gaining a low-cost alternative to traditional money transfers. At the time, the consortium tossed around the idea of using
Read MoreTop 5 Fintech Philippines News of the Week (CW 20)
Fintechnews.PH picks every Friday for you the top 5 Fintech Philippines News of the week: Follow the Fintech Philippines Facebook or Twitter channel to stay updated. Also, you can subscribe to our monthly Fintech PH Newsletter here. Here we go: Traxion to make mini-banks of
Read MoreCross-Border Payment Ripple Pilot Test between Thailand and Singapore
Mitsubishi Corporation, MUFG Bank, Krungsri , a Thailand-based subsidiary of MUFG Bank, and Standard Chartered Bank 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
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