Shift to smartphone QR codes for security is a first for a Japan megabank affiliate MUFG Emut Bank customers will need to use their smartphones to withdraw money from around 28,000 Seven Bank ATMs in Japan.
Shift to smartphone QR codes for security is a first for a Japan megabank affiliate MUFG Emut Bank customers will need to use their smartphones to withdraw money from around 28,000 Seven Bank ATMs in Japan. (Photo by Satoko Kawasaki) TOKYO -- A digital bank opening under Japan's Mitsubishi UFJ Financial Group next year will not issue ATM cards, instead having customers confirm identities using the bank's smartphone app for additional security amid a rising tide of cyberattacks.