TOKYO -- Japanese mobile carrier SoftBank and Sumitomo Mitsui Financial Group will team up on digital banking, in the latest example of partnership between traditional banks and tech companies amid a rapid spread of web-based banking in Japan.
Finance
SoftBank, Sumitomo Mitsui to forge digital banking partnership
Collaboration will cover payments, AI and big data analyses
A digital banking partnership between SoftBank and Sumitomo Mitsui Financial Group is the latest example of collaboration between traditional banks and digital players as web-based banking platforms expand in Japan.
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