TOKYO -- Japan's MUFG Bank aims to triple the small-business loans that are handled entirely online by fiscal 2026, using technology such as artificial intelligence to expand in a market where it lacks much of a presence.
Finance
Japan's MUFG Bank taps AI to triple online small-business loans
Lender teams up with software companies to attract startups
MUFG Bank now provides the equivalent of about $70 million a year in online loans to small businesses. (Photo by Jun Watanabe)
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