Tallinn
The seventh and last corporate stop of our "ICT & FinTech Mission to Tallinn" last week, courtesy of Enterprise Estonia, led us to Wallester. The meeting provided an in-depth technical and operational overview of Wallester’s role as a card issuer and payment processor. The presentation focused on
banking
Mizuho Financial Group's results for the first half of fiscal year 2025 (FY25 H1) reveal a company operating with significant positive momentum. The strong performance, coupled with an upward revision of its full-year profit outlook and an aggressive stance on shareholder value, signals a confident and assertive strategy.
banking
Okasan Securities has begun providing services for corporate customers through "Okasan BANK," a banking service jointly developed with GMO Aozora Net Bank. The corporate services of "Okasan BANK" offer special interest rate time deposits, free deposit functions to Okasan Securities accounts, corporate Okasan BANK cards with
stablecoin
Japan's three megabanks are planning to jointly issue corporate-use stablecoins pegged to legal tender like the yen and the dollar, aiming to promote their use in the country. MUFG Bank, Sumitomo Mitsui Banking Corp. and Mizuho Bank intend to issue the stablecoins under a unified standard for use
bonds
In a major move signaling rising credit costs in the Japanese market, Rakuten Group successfully priced a JPY 82 billion perpetual subordinated bond. Announced on October 17, 2025, the issuance carried the highest coupon for a local bond deal this year, immediately drawing significant attention from domestic and international investors.
banking
GMO Aozora Net Bank has reached a major milestone as an internet-only bank in June 2025, with the number of corporate account openings exceeding 200,000 and deposit balances surpassing 1 trillion yen. GMO Aozora Net Bank began its internet banking business in July 2018, aiming to be an online
banking
Sumitomo Mitsui Financial Group, Sumitomo Mitsui Banking Corporation, and Sumitomo Mitsui Card will launch "Trunk," a digital comprehensive financial service for corporate customers, in May 2025. Background and Purpose In recent years, with the advancement of digital technology, technological evolution, and entry of players from different industries, financial
banking
In the "2024 Corporate Main Bank Survey", GMO Aozora Net Bank topped the list for increase in main bank corporate customers (for companies with 500 or more clients). While GMO Aozora Net Bank was previously not included in the analysis due to this threshold, in 2024 its customer