Wirecard expands cooperation with Mizuho Bank on global scale

Aschheim (Munich) (ots) -

- 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

Contact:
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

Original-Content von: Wirecard AG, übermittelt durch news aktuell