Japan to look at building a common infrastructure for digital payments

TOKYO (Reuters) - Japan's three biggest banks have set up a study group that will look at possibly building a common settlement infrastructure for digital payments, an initiative backed by the central bank and the country's financial regulator.The Japanese are most cash-loving population in the world and everyday transactions are usually completed in notes and coins. Authorities have been, however, keen to promote cashless transactions to increase productivity and more recently to reduce contact..