25 March 2017
visit nextgenbanking.co.uk

Mizuho opens Tokyo innovation lab

24 October 2016  |  7122 views  |  0 Tokyo Skyline

Japan's Mizuho is the latest banking giant to set up an innovation lab as it bids to nurture a fintech ecosystem and build up relationships with startups.

The lab will be based at Tokyo Finolab, a fintech centre in the financial district backed by real estate giant Mitsubishi Estate and advertising firm Dentsu.

Mizuho says that by basing a lab at the centre it will be able to work closely with startups as it seeks to cultivate innovation and ideas for new services.

As a first step, the bank will invite firms to carry out technical trials of new services based on the development environment of its soon to launch Open Bank API.

Mizuho has been stepping up its engagement with the fintech community, recently teaming up with data big data outfit Metaps and VC firm WiL to explore the development of new payment services.

By combining Mizuho's customer base and FS expertise, with Metaps' data analysis tech and WiL's access to startups, the partners hope to develop payment services specifically for smartphones and explore how to harness data better and the use of blockchain technology.

KeywordsBIG DATA

Comments: (0)

Comment on this story (membership required)

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board: sign up now

Related stories

Japanese bank consortium to build new payments network with SBI Ripple Asia

Japanese bank consortium to build new payments network with SBI Ripple Asia

23 August 2016  |  9583 views  |  0 comments | 24 tweets | 19 linkedin
US judge paves way for lawsuit against Mizuho over Mt Gox losses

US judge paves way for lawsuit against Mizuho over Mt Gox losses

15 March 2016  |  4447 views  |  0 comments | 4 tweets
Mizuho and Fujitsu complete blockchain trial

Mizuho and Fujitsu complete blockchain trial

08 March 2016  |  8477 views  |  0 comments | 11 tweets | 9 linkedin
Mizuho Bank taps IBM's Watson to give robot branch workers an IQ boost

Mizuho Bank taps IBM's Watson to give robot branch workers an IQ boost

04 March 2016  |  10680 views  |  1 comments | 23 tweets | 25 linkedin
Mizuho turns to blockchain for financial record keeping

Mizuho turns to blockchain for financial record keeping

17 February 2016  |  5016 views  |  0 comments | 8 tweets | 13 linkedin

Related company news

 

Related blogs

Create a blog about this story (membership required)
visit abe-eba.euVisit capgemini.com

Top topics

Most viewed Most shared
French retailer Carrefour launches online bank accountFrench retailer Carrefour launches online...
57146 views comments | 15 tweets | 35 linkedin
European Commission opens public consultation on fintechEuropean Commission opens public consultat...
8675 views comments | 42 tweets | 25 linkedin
Can banks really win in the payments business of the future? – new Finextra reportCan banks really win in the payments busin...
8552 views comments | 23 tweets | 37 linkedin
Westpac wants to take over your messaging keyboardWestpac wants to take over your messaging...
7094 views comments | 4 tweets | 10 linkedin
SecureKey taps IBM to put identity on the blockchainSecureKey taps IBM to put identity on the...
6994 views comments | 22 tweets | 15 linkedin

Featured job

Six Figure Base + Commission + Stock Options
London

Find your next job