Notice Regarding Establishment of SBI PayKey Asia Co., Ltd That Engages in Financial Services Via Smartphone Keyboard

Tel Aviv, Israel (ots/PRNewswire) - SBI Holdings, Inc., a leading
financial institution in Japan, is announcing the establishment of a
new joint venture, SBI PayKey Asia Co., Ltd which will support the
sales and market launch of the unique Social Banking Solution that
provides seamless access to financial services from any social media
application.

By introducing PayKey's solution, banks and digital wallets will
be able to easily offer financial service functions on social
messaging apps that are already used by billions of users worldwide.
Over 20 financial institutions around the world have already
introduced this solution, with more expected to do so in the near
future. In Japan, several financial institutions are on the move for
the introduction of the solution.

SBI PayKey enables banks to seamlessly deliver users a variety of
financial services through day-to-day chats. This will greatly
improve user experience, particularly of millennials, and further
accelerate the digital transformation of financial institutions.
Going forward, SBI PayKey plans to cooperate with other SBI Group
companies to promote the use of PayKey by financial and non-financial
companies in the Japanese market, and to accelerate its business
development throughout Asia.

Mr. Yoshitaka Kitao, Representative Director, President & CEO of
SBI Holdings, stated as follows:

"We believe that PayKey is the best solution to enable P2P payment
transactions within the social messaging applications, just like
chatting. It would also support financial institutions to improve
their services and attract younger generations. We expect that the
new convenient experience brought by PayKey would accelerate the need
for the transition to neo-bank in the Japanese market."

Mr. Hayato Koeda, President and CEO of SBI PayKey Asia, stated as
follows:

"The usage rate of banking applications in Asian countries
including Japan is still low, and we are lagging worldwide. We are
confident that by partnering with PayKey, the unique and proven
solution in various countries, we can deliver a frictionless user
experience to consumers in Japan and Asia and increase the usage rate
of mobile banking applications."

Mr. Omer Paz, COO of PayKey, adds: "The partnership with SBI is
instrumental in introducing PayKey to the Japanese market, which is
rapidly adopting new trends in SNS and applications."

About PayKey

Based in Tel Aviv, Israel, PayKey enables banks and mobile wallets
to offer their customers instant access to a variety of financial
services, including P2P payments, balance check, account history and
more - from within any mobile app, including all social and messaging
apps. Our patented Social Banking Solution(TM) creates a frictionless
experience that drives customer engagement and keeps services always
in front of customers.

PayKey's solution is based on a state-of-the-art smartphone
keyboard that includes a white label banking button, which opens a
menu of services, fully customized to the offerings of the service
provider. This keeps services in front of customers no matter what
they're doing on their phones, helping position the service provider
as an innovation leader.

PayKey is already serving over 20 financial institutions around
the world, including global brands such as ING, Standard Chartered
and HSBC. For further information visit: www.paykey.com.

Photo -
https://mma.prnewswire.com/media/1022949/PayKey_Solution.jpg

For further information about this press release, please contact:
Guy Talmi, PayKey CMO:
gtalmi@paykey.com

ots Originaltext: PayKey
Im Internet recherchierbar: http://www.presseportal.de

Original-Content von: PayKey, übermittelt durch news aktuell