Sumitomo Mitsui Banking Corporation

58 results about this entity

Period: 13 Oct 2004 - 18 Nov 2025

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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.

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

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

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

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

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

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

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

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.

Frankfurt predicts Brexit jobs boost at London's expense

Frankfurt predicts Brexit jobs boost at London's expense

A recently published report states that, contrary to the fears of Brexit-sceptics, the UK's exit from the European Union will create as many as 80,000 new jobs - the majority of which will be in financial services. The only problem for Brexiteers is that the jobs will be in Frankfurt rather than London.

Sumitomo Mitsui teams up with NYC accelerator

Sumitomo Mitsui teams up with NYC accelerator

Japan's Sumitomo Mitsui Banking Corporation is looking to tap into America's startup scene through a partnership with New York-based Entrepreneurs Roundtable Accelerator (ERA).

Japanese banks join with R3 to streamline derivative master agreements

Nomura Holdings, Inc., Daiwa Securities Group Inc., Mizuho Financial Group, Inc., Sumitomo Mitsui Banking Corporation and R3 today announced the successful testing of a prototype developed using Corda, a distributed ledger technology (DLT) platform based on blockchain, to streamline ISDA Master Agreement negotiation.

Sumitomo Mitsui rolls out messaging app bot

Sumitomo Mitsui rolls out messaging app bot

The Sumitomo Mitsui Financial Group has developed an AI chatbot that will answer customer questions over Line, the popular Japanese messaging app.

Japanese banks invest in local bitcoin exchange

Japanese banks invest in local bitcoin exchange

Mizuho Financial Group and Sumitomo Mitsui Financial Group have joined a $1.75 million funding round for Japan's biggest bitcoin exchange, bitFlyer, according to Nikkei.

Sumitomo Financial Group trials facial recognition tech

Sumitomo Financial Group trials facial recognition tech

Sumitomo Financial Group is testing facial recognition technology from NEC on purchases made by employees at its banking and cards operations.

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