16 September 2019

Latest articles for Sumitomo Mitsui Banking Corporation


Swift publishes new API standard

05 September 2019  |  12375 views  |  1 News

Banking cooperative Swift has published a new API standard for the pre-authorisation of funds in its latest bid to bring more efficiency to open banking in Europe.


SMBC to use Exiger AI tool for Emea AML compliance

20 August 2019  |  5854 views  |  0 Company announcement

Exiger, the leader in technology-enabled regulatory, financial crime, risk and compliance solutions, announced today its agreement with global financial institution Sumitomo Mitsui Banking Corporation Europe Ltd (SMBC) to leverage Exiger's artificial intelligence (AI)-powered KYC onboarding technology, DDIQ, to drive enhanced and sustainable regulatory compliance.


Big banks create Utility Settlement Coin company

03 June 2019  |  16628 views  |  0 News

Some of the world's biggest financial services firms - including Barclays, Nasdaq and UBS - have pumped £50 million into a new venture building a Utility Settlement Coin (USC), an asset-backed digital cash instrument implemented on distributed ledger technology.


Sumitomo Mitsui Trust Bank (Japan) picks Acumennet to support treasury ops

02 May 2019  |  2637 views  |  0 Company announcement

Profile Software, an international financial services solutions provider, announced today the selection of Login’s Acumennet by Sumitomo Mitsui Trust Bank, (SuMiTB) in Japan to support their Treasury operations across six overseas offices in the United Kingdom, USA, China, Singapore, Hong Kong and Thailand.


SMBC to slash data prep times by 80% with Trifacta

19 February 2019  |  4866 views  |  0 News

Sumitomo Mitsui Bank has turned to Silicon Valley data wrangling company Trifacta to slash preparation times for the aggregation and analysis of mushrooming customer data troves.


Mitsui joins $100 million VC fund for Israeli startups

14 January 2019  |  3917 views  |  0 Company announcement

Israeli VC firm Magenta Venture Partners announced today a new venture capital fund targeting $100 million.


NTT Data plans pan-Asian federated trade information platform based on blockchain

22 October 2018  |  8938 views  |  0 News

NTT Data has completed proof of concept phases including 14 Japanese logistics and financial companies, and interoperability with Singaporean and Thai national trade and customs platforms, as part of its plans to create an international trade data sharing platform.


Sumitomo Mitsui Trust becomes first Japanse custodian on DTCC's Alert GC Direct

23 July 2018  |  6487 views  |  0 Company announcement

The Depository Trust & Clearing Corporation (DTCC), the premier post-trade infrastructure for the global financial services industry, today announced that Sumitomo Mitsui Trust Bank (U.S.A.) Limited (SuMi TRUST USA) has become the first Japanese global custodian to go live on the ALERT Global Custodian Direct (GC Direct) workflow.


Japan's banks plan 33,000 job cuts in digital downsizing

31 October 2017  |  13232 views  |  0 News

Japan's megabanks are planning to make huge, long-term cuts to their workforces as they increasingly turn to artificial intelligence (AI) and automation in a bid to streamline operations and cut costs.


Fujitsu and top Japanese banks to trial DLT-based P2P mobile money system

10 October 2017  |  11220 views  |  0 News

Fujitsu is collaborating with Mizuho, Sumitomo Mitsui, and Mitsubishi UFJ Financial to conduct a joint field trial of a person-to-person money transfer service using blockchain technology.

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