Ogaki-Kyoritsu Bank selects Moneythor to revamp digital banking
Japan’s Ogaki-Kyoritsu Bank (OKB) has selected digital banking vendor Moneythor to boost its customer-facing services.
OKB is using Moneythor’s platform to provide “tailored and smart insights” to retail banking customers.
A regional bank based in Gifu prefecture, OKB employs around 3,500 people. It reported an income of $26.54 million for 2019.
“We have selected the Moneythor solution to capitalise on the capabilities of its powerful data analytics engine,” says Jiro Yasuda, general manager for the IT management division at OKB.
“We are committed to addressing customer’s concerns about their finances and to help them to enrich their lives in the ‘100-year life’ age.
Yasuda says that the bank is continuously seeking to deliver services that Japanese customers “really want in society”, namely a hybrid offering of in-person and digital experiences.
Moneythor is completing the implementation alongside local partner Nihon Unisys.
“We are delighted to collaborate with Moneythor to provide enhanced digital customer experiences to Ogaki-Kyoritsu Bank,” says Nihon Unisys corporate officer Yuji Takeuchi.
Singapore-based Moneythor was part of a project led by the Tokyo Metropolitan Government to introduce foreign systems to Japanese banks and start-ups.
Related: Tokyo: Fintechs welcome!