Sumitomo Mitsui Banking Corporation

55 results about this entity

Period: 13 Oct 2004 - 13 Nov 2024

/payments

Visa partners Affirm on card that lets shoppers toggle between payment types

Visa has joined forces with Affirm to bring its 'flexible credential' technology to the US via a card that can toggle between debit and BNPL payment options.

/payments

Japanese banks pilot stablecoin-based cross-border payments

Japanese banks MUFG, SMBC and Mizuho are participating in a pilot using stablecoins and the Swift network for cross-border payments.

/wealth

HPS Investment Partners and Sumitomo Mitsui Trust Bank invest in WealthTech S64

S64, the global alternatives fintech and solutions partner to the wealth management industry, today announced the successful close of its Series A funding round which includes investments from HPS Investment Partners and Sumitomo Mitsui Trust Bank, two prominent institutional investors.

/inclusion

Indian digital lender DMI raises $400m

Indian digital lender DMI Finance has raised $400 million in a financing round led by Japanese giant Mitsubishi Bank.

/identity

Banks back 'Japan Metaverse Economic Zone'

Major Japanese banks and tech firms have banded together on a metaverse infrastructure project that will, among other things, provide payments, authentication, and insurance services for users across platforms.

/startups

SMFG to launch digital consumer bank in the US

Sumitomo Mitsui Financial Group (SMFG) is to launch a new standalone digital bank in the US.

/crypto

Japanese banks to test digital currency

A consortium of 74 Japanese firms - including the country's biggest banks - have set out plans to start testing a private sector digital yen in the coming months.

/wealth

Sumitomo Mitsui Trust Bank selects Delio to serve high-net-worth clients

Delio has been selected by Sumitomo Mitsui Trust Bank (SMTB) as the provider of a new digital platform that will accelerate the promotion and distribution of private market investment opportunities to the bank’s high-net-worth (HNW) and institutional clients. The platform launch marks the start of a strategic partnership between Delio and SMTB and is a significant milestone in the bank’s strategy to offer its clients greater access to private markets.

/crypto

Morgan Stanley co-leads $48m funding round for blockchain player Securitize

Digital asset securities firm Securitize has raised $48 million in a Series B funding round led by funds managed by Morgan Stanley Tactical Value and Blockchain Capital.

/wholesale

SMBC joins Contour trade finance network

Japan’s Sumitomo Mitsui Banking Corporation (SMBC) has become the latest institution to join Contour’s global network of banks, corporates and ecosystem partners working together to transform trade finance.

/wholesale

SMBC invests $30 million in OakNorth

Sumitomo Mitsui Bank is to use credit intelligence software from OakNorth to boost its commercial leanding operations and has acquired a $30 million stake in the UK challenger bank and tech supplier.

/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.