Sumitomo Mitsui Banking Corporation

56 results about this entity

Period: 13 Oct 2004 - 04 Apr 2025

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SMBC joins Contour and Komgo as Covid-19 propels digital trade

/wholesale

SMBC joins Contour and Komgo as Covid-19 propels digital trade

Sumitomo Mitsui Bank Corporation SMBC is stepping up its involvement in blockchain-based trade finance networks, joining Singapore-based Contour and Swiss platform Komgo.

Japanese banks explore common digital currency settlement infrastructure

/payments

Japanese banks explore common digital currency settlement infrastructure

Japan's three biggest banks are investigating the creation of a digital currency settlement infrastructure.

/markets

Kx technology selected by SMBC to build and manage e-FX infrastructure

Sumitomo Mitsui Banking Corporation is the latest bank to turn to Kx to meet its advanced trading, analytics and risk management requirements, extending Kx’s market-leading presence in Foreign Exchange

SMBC taps into Toronto AI scene through Mars partnership

/ai

SMBC taps into Toronto AI scene through Mars partnership

Sumitomo Mitsui Banking Corporation (SMBC) is looking to gain access to Toronto's AI expertise through a partnership with the Canadian city's Mars fintech cluster.

SMFG taps AI to automatically recommend software repairs

/ai

SMFG taps AI to automatically recommend software repairs

Sumitomo Mitsui Financial Group has joined forces with Fujitsu and the Japan Research Institute (JRI) to trial the use of AI to scan for bugs in coding and automatically recommend software repairs.

SMBC picks DefinedCrowd for AI training data

/ai

SMBC picks DefinedCrowd for AI training data

Sumitomo Mitsui Banking Corporation (SMBC) has turned to US outfit DefinedCrowd for AI training data, outsourcing work that was done manually within the Japanese bank.

Swift publishes new API standard

Swift publishes new API standard

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.

/regulation

SMBC to use Exiger AI tool for Emea AML compliance

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

Big banks create Utility Settlement Coin company

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.

/wholesale

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

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

/ai

SMBC to slash data prep times by 80% with Trifacta

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.

/startups

Mitsui joins $100 million VC fund for Israeli startups

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

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