MUFG Bank, Japan’s largest commercial bank, has announced plans to adopt the cloud-native core banking system developed by Minna Bank, a pioneering digital-only bank operated by Fukuoka Financial Group. The move marks a significant milestone in the modernization of traditional banking infrastructure in Japan.
âï¸ Driving the Future of Banking with Cloud Technology
Minna Bank’s fully cloud-based banking platform, built on Microsoft Azure, will enable MUFG to:
ð Streamline core banking operations
â¡ Accelerate the rollout of new digital financial services
ð§± Build scalable, agile systems suited for rapid innovation
ð Enhance cybersecurity and disaster recovery through cloud resilience
ð¦ A Strategic Step Toward Open, Digital Banking
For MUFG, this collaboration supports its broader digital transformation strategy, aiming to:
ð² Improve customer experience with faster, data-driven services
â±ï¸ Reduce system development and maintenance costs
ð Foster collaboration within Japan’s evolving fintech ecosystem
ð¬ Executive Commentary
An MUFG spokesperson commented:
"Adopting Minna Bank’s cloud banking system allows us to deliver more responsive, secure, and modern financial services aligned with the digital age."
A representative from Minna Bank added:
"We’re proud to support MUFG’s transformation and bring our cloud-first technology to Japan’s largest banking group."
ð Read the full analysis at- MUFG Bank to Adopt Minna Bank’s Cloud Banking System
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