Japanese banks to link e-money with popular Suica transit card

TOKYO — Japan’s three megabanks look to link their digital currencies to East Japan Railway’s popular Suica smart transit card, hoping to expand their customer bases by improving convenience.

Mizuho Financial Group unit Mizuho Bank last year rolled out its J-Coin Pay platform, which can be used for money transfers and cashless payments, and Mitsubishi UFJ Financial Group is reworking plans for its MUFG Coin digital currency. But the banks lag behind startups that jumped on the trend earlier, such as SoftBank Group unit PayPay.

JR East has issued roughly 80 million Suica cards so far, targeting train riders. But

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Coronavirus latest: France sees no evidence of link to Wuhan lab

The Nikkei Asian Review is tracking the spread of the new coronavirus that originated in the central Chinese city of Wuhan.

Global cases have reached 2,074,529, according to the World Health Organization.

The worldwide death toll has hit 139,378.

To see how the disease has spread, click this interactive virus tracker:

Here are the latest developments (Tokyo time):

Saturday, April 18

12:50 a.m. France has seen no evidence that the novel coronavirus is linked to a research laboratory in Wuhan, Reuters quotes an official in President Emmanuel Macron’s office as saying.

12:45 a.m. Airbus says it will furlough

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