au Jibun Bank: a relationship for the long term
How au Jibun Bank aims to repay customer loyalty by constantly improving their banking experiences.
Japan
Mizuho partners Google Cloud to power digital transformation
MFG says it is working with Google Cloud to deliver on the evolving needs of its customers.
Banking Tech Awards 2021 Highly Commended: au Jibun Bank – Best UX/CX in Finance Initiative
The importance of supporting investors along their journey and how au Jibun Bank does that.
Resignations and regulatory orders at Mizuho in wake of IT failures
President and group CEO Tatsufumi Sakai and senior executive officer Satoshi Ishii will step down from their roles.
Ex-Singlife execs to launch new Japanese paytech Purasu Money
Purasu to launch under umbrella of new venture SJ Mobile Labs.
PayPal acquires Japanese BNPL unicorn Paidy in $2.7bn deal
PayPal sees the deal as a way to accelerate business in Japan.
DWG expands into Singapore with remittance app acquisition
Fintech says Singapore will act as a springboard for expansion into North America and Europe.
Blockchain start-up XREX lands $17m funding to expand global footprint
The fintech’s global investors include major banks and venture capital firms.
Blockchain start-up Securitize lands $48m Series B round co-led by Morgan Stanley
US banking giant says “we believe in the growth and adoption of digital asset securities”.
Mizuho Bank president resigns after damaging system glitches
The Japanese bank experienced four outages in February this year.
Exclusive interview: Minna Bank – Japan’s new challenger bank
Its in-house and Accenture built core system will become a commercial offering in its own right.
LINE BK is “an elevation for the financial industry”, says CEO
“In today’s digital world, we are stepping towards a so-called singularity era.”
Au Jibun Bank investment app: changing hearts and minds
Au Jibun Bank aims to become the lifelong partner for every customer.
MUFG wealth management arm deploys InvestCloud in Japan
Vendor says the deal reflects its “substantial investment” in the country.
Fintech funding deals globally 29 March – 4 April 2021
Featuring HighRadius, Next Insurance, dLocal, Pipe Dream Technologies, and Paidy.
Digital challenger Minna Bank to launch in Japan by May
Minna will offer both consumer-facing and white labelled products.
Banking Tech Awards 2020 Winner: au Jibun Bank – Best Use of AI
Rebuilding consumer confidence in investments with an AI-driven market forecasting capability within a banking app.
Singapore’s iSTOX lands $50m from heavyweight Japanese backers
n the past decade, global private equity returned 13.2% on average.
Retailer Uniqlo cuts out middlemen with own payments integration
Uniqlo Pay has partnered with Sumitomo Mitsui Banking Corp.
Tokyo Stock Exchange CEO steps down after damaging systems failure
Koichiro Miyahara resigns as regulators continue to examine exchange’s closure.
Ogaki-Kyoritsu Bank selects Moneythor to revamp digital banking
The regional Japanese bank wants a hybrid approach for customers.
Japan’s SMBC invests $30m in OakNorth
The Japanese giant is also deploying OakNorth’s Credit Intelligence software.
Japan’s NEC buys Swiss core banking firm Avaloq in $2.2bn deal
Major investor Warburg Pincus currently owns 45% of Avaloq.
Tokyo Stock Exchange grinds to a halt in worst outage for 21 years
A hardware issue caused trading to cease for an entire day.
MUFG taps AxiomSL for reporting automation
AxiomSL’s Global Shareholding Disclosures will be deployed on the cloud.
IBM, Mizuho and MUFG join Japanese quantum innovation consortium
The Quantum Innovation Initiative Consortium aims to enable cooperation between sectors.
BNP Paribas joins IBM Cloud as European anchor client
French banking giant to become leading user of IBM’s cloud tech.
Transfergo raises $10m, expands into 11 new markets
Remittance firm claims uptake in growth during COVID-19 pandemic.
JCB to deploy FIS Payment One switching and acquiring platform
The payment scheme is planning to enable QR payments for more customers.
SoftBank unveils $100m fund for founders of colour
SoftBank’s COO says the fund will help create “a new generation of founders”.
Japan wants to make it easier for banks to buy stakes in fintechs
The move follows the success of fintech financers during the coronavirus pandemic.
SoftBank warns of $9.6bn investment losses due to coronavirus
In addition to WeWork, it also blamed the losses outside of the Vision Fund on OneWeb.
Mizuho Bank launches face ID biometrics for online banking
The Japanese bank has partnered with Google Cloud Japan for the project.
Top 10 coronavirus initiatives by governments and regulators
A brief overview of how governments and financial regulators have reacted to coronavirus.
Japan’s $1tn stimulus offers $18,000 to small businesses
It includes more than JPY 6 trillion for cash pay-outs to households and small businesses.
Sony Bank picks OneSpan for mobile banking security
The Japanese bank secures launch of new banking app.
Japanese challenger Kyash lands $45m Series C
To date, the fintech has raised $73 million since its creation in 2015.
Sony Bank launches online account for Japan’s foreign residents
Japanese bank pushes digital-only account for branch-shy immigrants.
SoftBank attacks Moody’s after debt downgrade
Moody’s cited SoftBank’s “aggressive financial policy” as it cut its rating from Ba1 to Ba3.
SoftBank to sell $41bn in assets to firm up financials amid virus outbreak
The company’s share price shot up 18.6% in Japan today.
