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Shinsei steps up efforts to help expats navigate Japanese banking

Ties with rent guarantor will give bank data to create new offerings for foreigners

Shinsei Bank will target foreign residents in Japan who can often be bewildered by the paperwork needed to open a bank account.   © Reuters

TOKYO -- Shinsei Bank will make it easier for foreign workers and international students to set up bank accounts and apply for credit cards in Japan, targeting a relatively untapped but growing demographic by leveraging data from a guarantor it has tied up with.

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