Country for PR: United Kingdom
Contributor: PR Newswire Europe
Wednesday, September 04 2019 - 16:43
AsiaNet
Wirecard Expands Cooperation With Mizuho Bank on Global Scale
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," commented Kaoru Mochizuki, Head of Transaction 
Banking Asia Oceania, Mizuho Bank. "With Wirecard, we will develop our 
corporate product offering and further digitalize our services on an 
international scale. We are excited to continue working together with Wirecard 
and develop our partnership." 

"Since 2018, Mizuho Bank has leveraged on Wirecard's wide range of payment 
acceptance and issuing solutions for their Asian corporate client base, and we 
are proud to expand this cooperation on a global scale," added Laura McCracken, 
Global EVP Financial Institutions & Fintech at Wirecard. "A leading global 
financial institution, Mizuho Bank works with major businesses from a variety 
of industries across the world. Combined with our expertise in digital 
financial technology, we are confident that together we will deliver the most 
state-of-the-art solutions for Mizuho Bank clients. We look forward to a 
continued successful partnership." 

The two companies are presenting their expanded cooperation at the Wirecard 
Exchange and Innovation Day taking place today and tomorrow in Singapore. 
Mizuho Bank and Wirecard are discussing latest trends in the digital financial 
industry. Laura McCracken leads the discussion as new Global EVP Financial 
Institutions & Fintech at Wirecard – the former executive at Facebook and 
Amazon joined Wirecard on 1st September 2019.

About Wirecard: 

Wirecard (GER:WDI) is one of the world's fastest growing digital platforms in 
the area of financial commerce. We provide both business customers and 
consumers with a constantly expanding ecosystem of real-time value-added 
services built around innovative digital payments by using an integrated B2B2C 
approach. This ecosystem concentrates on the areas payment & risk, retail & 
transaction banking, loyalty & couponing, data analytics & conversion rate 
enhancement in all sales channels (online, mobile, ePOS). Wirecard operates 
regulated financial institutions in several key markets and holds issuing and 
acquiring licenses from all major payment and card networks. Wirecard AG is 
listed on the Frankfurt Stock Exchange (DAX and TecDAX, ISIN DE0007472060). 
Visit us on www.wirecard.com, follow us on Twitter @wirecard and on Facebook 
@wirecardgroup.

About Mizuho Bank: 

Mizuho Bank provides financial and strategic solutions for the increasingly 
diverse and sophisticated needs of clients, focusing its efforts on serving 
major corporations, financial institutions, individuals, public sector entities 
and small and medium-sized enterprises. With offices as a group in 38 countries 
and regions, Mizuho Bank offers clients both localized service and the 
extensive reach of a global business network. Mizuho Bank is a subsidiary of 
the Japan-based Mizuho Financial Group, Inc. (NYSE: MFG), one of the largest 
financial services companies in the world, with total assets of approximately 
USD 1.8 trillion. www.mizuhobank.com

Wirecard media contact:
Wirecard AG
Jana Tilz
Tel.: +49(0)89-4424-1363
Email: jana.tilz@wirecard.com 

Mizuho Bank media contact:
Mizuho Bank
Tania Sim
Email: tania.sim@mizuho-cb.com 

 

Source: Wirecard