A week in tech

All the latest tech news from around the region.

Japan

e-Commerce

- UFJ Bank, a key unit of UFJ Holdings Inc. will begin converting its existing cashcredit cards into the IC format from this autumn. By embedding an IC into the bank's multifunctional card, the smart card can prevent forgery and abuse. It will also serve as a point card, allowing cardholders to accumulate points when they shop at affiliated retailers. Such conversions will start with the new cards to be issued in and after October as well as when existing ones expire. UFJ Bank plans to further diversify the role of the smart card by adding such functions as electronic money and electronic authentication for online shopping through...

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