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Business trends

Japan's big banks showcase fintech at Ceatec show

Digital currency, biometric IDs and AI forecasting on display

With biometrics, features such as eyes, fingerprints and voice can be used to verify one's identity.

TOKYO -- All three of Japan's megabanks are attending the annual Ceatec IT and electronics expo for the first time to show off financial technology from digital currencies to biometric payment authentication. 

Mitsubishi UFJ Financial Group presented its prototype digital currency, dubbed MUFG Coin, to reporters on Monday ahead of the exhibition's Tuesday kickoff at the Makuhari Messe convention center near here.

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