ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter

AI loan screening for Japan regional banks to take only seconds

Hitachi and SBI affiliate to set up joint venture

The AI-based loan screening is expected to broaden from mortgage applications to other types of loans.

TOKYO -- Japanese internet bank SBI Sumishin Net Bank will work with Hitachi to offer an instant loan-screening service powered by artificial intelligence to regional banks, a sector facing intensifying competition amid the country's shrinking population.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more