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DoCoMo announces business alliance with Bank of Tokyo-Mitsubishi UFJ, points will be awarded for transactions in the future

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NTT DoCoMo announced on May 11 that it has signed a business alliance agreement with Bank of Tokyo-Mitsubishi UFJ regarding new digital financial services.

Business tie-up with Bank of Tokyo-Mitsubishi UFJ

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DoCoMo announced that it will consider providing new services in collaboration with Bank of Tokyo-Mitsubishi UFJ, with a view to digital accounts that will be given d points according to the transaction status.
 
In the digital account service, d points are given every month by setting docomo communication charges and d card payment accounts, account usage status and usage history of docomo’s smartphone payment service “d payment” are centralized. A mechanism that can be viewed on is being considered.
 
The digital account service is scheduled to be available in 2022, and DoCoMo and Bank of Tokyo-Mitsubishi UFJ will establish a new joint venture in 2021.

Strengthening financial services

docomo Mitsubishi UFJ

 
DoCoMo and Bank of Tokyo-Mitsubishi UFJ have announced that they will jointly consider collaboration on financial services, such as mortgage development and collaboration on asset management services.
 
The number of contracts between the two companies is approximately 80 million for DoCoMo and approximately 30 million for Bank of Tokyo-Mitsubishi UFJ, which are the largest in the telecommunications and financial industries, respectively. We aim to provide new value. “
 
The Yomiuri Shimbun reports that DoCoMo has been slow to enter financial services, etc. compared to other companies in the same industry, and aims to strengthen its non-telecommunications business through this business alliance.
 
In 2008, Bank of Tokyo-Mitsubishi UFJ established the Internet bank “au Jibun Bank” jointly with KDDI.
 
 
Source: NTT DoCoMo via Yomiuri Shimbun
(seng)

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