Tagged: sumitomo mitsui financial group

Digital Banking: Sumitomo Mitsui Financial Group, Japan’s Second-Largest Bank, Partners SBI Holdings to Offer Mobile-based Banking Services

April 28, 2020 @ 8:21 pm By Omar Faridi |

The Sumitomo Mitsui Financial Group (SMFG), which is Japan’s second-largest financial institution by market cap, will reportedly sign an agreement with SBI Holdings, a Tokyo-based financial services company group, in order to provide digital banking services via mobile devices. As reported by Nikkei on April… Read More

Three Large Japanese Banks Drop Plans to Create Peer-to-Peer Payment Network

February 6, 2019 @ 2:21 am By Cali Haan |

Three large banks in Japan, players in the country’s “crowded” payments market, have decided to abandon a cooperative pilot undertaken in 2017 to create a peer-to-peer remittance network, Nikkei Asian Review (NAR) reports. The three banks- Mizuho Financial Group, Sumitomo Mitsui Financial Group and Mitsubishi UFJ Financial Group– will… Read More