ASCHHEIM, Germany, Sept. 4, 2019 /PRNewswire-Asianet/ —
* Mizuho Bank is part of Mizuho Financial Group, one of the largest financial institutions in the world based in Japan
* Wirecard already offers acquiring and issuing services for Mizuho Bank corporate clients in the Asian region – new payout products and joint digital payment solutions to follow
* Scope of expansion includes significant geographic growth within Asia-Pacific as well as in Europe and the United States
Wirecard, the global innovation leader for digital financial technology, is expanding its partnership with Mizuho Bank, Ltd., a leading global financial institution. The scope of the expansion includes a significant geographic extension, a collaboration on new payout products, and joint digital payment solutions.
Wirecard has been collaborating with Mizuho Bank since 2018, offering acquiring and issuing services for Mizuho Bank corporate clients in the Asian region. Mizuho Bank is part of Mizuho Financial Group, one of the largest financial institutions in the world present in 38 countries and regions, and holding USD 1.8 trillion in total assets (as of March 31, 2019). Mizuho Bank has one of the largest customer bases in Japan, and boasts a global network encompassing major international business centers.
Wirecard and Mizuho Bank are set to collaborate in further geographies within Asia-Pacific, including Australia, Malaysia, New Zealand and the Philippines. Globally, the collaboration will also extend to Europe and the United States. To complement Mizuho Bank’s service offering, a corporate payout solution is also being planned. Overall, Wirecard will support Mizuho Bank with innovative and fully digital solutions, aimed especially at banking clients in the food & beverage, retail and hospitality industries.
“We are constantly striving to offer the most innovative financial solutions to our corporate clients, and for this reason we have chosen to expand our partnership with Wirecard,”