SUMITOMO MITSUI FINANCIAL GROUP, INC.


Associated tags: SMFG, JCB, JCB Co., Ltd., Travel, Online shopping

Locations: TOKYO, JAPAN

Jefferies and SMBC Expand Strategic Alliance to Canada

Retrieved on: 
Thursday, April 4, 2024

Jefferies Financial Group Inc. (NYSE: JEF) (“Jefferies”) and SMBC Group announced today that they have expanded their global strategic alliance to enhance collaboration on future corporate and investment banking business opportunities within the Canadian market.

Key Points: 
  • Jefferies Financial Group Inc. (NYSE: JEF) (“Jefferies”) and SMBC Group announced today that they have expanded their global strategic alliance to enhance collaboration on future corporate and investment banking business opportunities within the Canadian market.
  • SMBC Group comprises Sumitomo Mitsui Financial Group, Inc. (NYSE: SMFG) (“SMFG”), Sumitomo Mitsui Banking Corporation (“SMBC”), SMBC Nikko Securities America, Inc., SMBC Nikko Securities Canada, Ltd., and other group companies.
  • In support of the initial strategic alliance in 2021, SMBC provided $2.25 billion in financing to Jefferies and purchased approximately 4.5% of the outstanding common shares of Jefferies.
  • Bruce Rothney, CEO of Jefferies Canada, stated: “In just the first few months since opening Jefferies’ new Canada office, we have already witnessed the benefits that the Jefferies-SMBC strategic alliance will bring to our valued clients.

JCB and The Bicester Collection expand their partnership to offer more luxury shopping opportunities for Asian travellers

Retrieved on: 
Tuesday, February 20, 2024

In line with JCB's commitment to expand card acceptance across Europe, the partnership initiated in April 2019 has played a pivotal role in fostering growth.

Key Points: 
  • In line with JCB's commitment to expand card acceptance across Europe, the partnership initiated in April 2019 has played a pivotal role in fostering growth.
  • Beginning with JCB Card acceptance at boutiques in Bicester Village (London) and La Vallee Village (Paris), JCB Card acceptance has progressively extended to additional Villages across Europe.
  • In addition to increased acceptance opportunities for cardmembers, this collaboration will offer more special promotions and savings for valuable JCB Cardmembers.
  • This expansion allows us to continue to offer our valuable cardmembers exclusive benefits and increased spending opportunities at luxury shopping destinations across Europe."

JCB Cards are now accepted at Maybank merchant terminals in Singapore

Retrieved on: 
Thursday, February 15, 2024

TOKYO & SINGAPORE, Feb 15, 2024 - (JCN Newswire) - JCB International Co., Ltd. (JCBI), the international operations subsidiary of JCB Co., Ltd. (JCB), is pleased to announce the acceptance of JCB Cards on the merchant terminals of Maybank Singapore Limited (Maybank), one of Asia's leading banking groups, in Singapore.

Key Points: 
  • TOKYO & SINGAPORE, Feb 15, 2024 - (JCN Newswire) - JCB International Co., Ltd. (JCBI), the international operations subsidiary of JCB Co., Ltd. (JCB), is pleased to announce the acceptance of JCB Cards on the merchant terminals of Maybank Singapore Limited (Maybank), one of Asia's leading banking groups, in Singapore.
  • With this latest development, JCB Cards are now being accepted in three of Maybank's key markets: Singapore, Malaysia and Indonesia.
  • In Taiwan, there are currently 29 banks issuing JCB Cards, and in India, there are approximately 1 million RuPay JCB Cards since its launch two years ago.
  • The acceptance of JCB Cards at Maybank merchant terminals will provide our cardmembers with further convenience when travelling to Singapore.

JCB partners with Giift to provide JCB special offers to inbound tourists to UAE

Retrieved on: 
Tuesday, February 13, 2024

"Our partnership with JCB International is specifically crafted to deliver unique and valuable benefits tailored to JCB cardholders.

Key Points: 
  • "Our partnership with JCB International is specifically crafted to deliver unique and valuable benefits tailored to JCB cardholders.
  • Our commitment is to provide a highly rewarding and seamless experience, reflecting our dedication to superior customer service and satisfaction," says Sumit Uttamchandani, Strategic Partnership Head, Giift.
  • Yuichiro Kadowaki, Director and CEO of JCB Middle East LLC commented, "We are excited about our partnership with Giift and its potential to enhance our cardmembers' experience.
  • Giift's innovative loyalty solutions align seamlessly with our commitment to providing our Cardmembers with exclusive offers and rewards.

JCB and Sunway Healthcare Group Signed Memorandum of Understanding for Medical Tourism to Malaysia

Retrieved on: 
Thursday, January 18, 2024

TOKYO & Malaysia, Jan 18, 2024 - (JCN Newswire) - PT JCB International Indonesia, subsidiaries of JCB International Co., Ltd. (JCB) and Sunway Healthcare Group, one of the leading integrated private healthcare groups with a network of hospitals and healthcare services in Malaysia, announced a collaboration to promote medical tourism to Malaysia, by introducing Sunway Healthcare Group's services to over 156 million JCB cardmembers globally.

Key Points: 
  • TOKYO & Malaysia, Jan 18, 2024 - (JCN Newswire) - PT JCB International Indonesia, subsidiaries of JCB International Co., Ltd. (JCB) and Sunway Healthcare Group, one of the leading integrated private healthcare groups with a network of hospitals and healthcare services in Malaysia, announced a collaboration to promote medical tourism to Malaysia, by introducing Sunway Healthcare Group's services to over 156 million JCB cardmembers globally.
  • As part of the collaboration, Sunway Medical Centre (SMC), one of the Malaysia's largest private quaternary hospital under the Sunway Healthcare Group in Sunway City, Kuala Lumpur, plans to offer preferential wellness packages and other value-added services to JCB cardmembers.
  • Sunway Sanctuary, a senior living residence under the Sunway Healthcare Group, will also offer preferential room rates and amenities to JCB cardmembers.
  • Dr. Khoo Chow Huat, Sunway Healthcare Group Managing Director (Hospital and Healthcare Operations) emphasised the significance of the collaboration during the Memorandum of Understanding signing ceremony with JCB.

Jefferies and SMBC Expand and Strengthen Strategic Alliance, Broadening Joint Business Efforts Across EMEA

Retrieved on: 
Tuesday, January 16, 2024

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20240116830685/en/
    In support of the initial strategic alliance in 2021, SMBC provided $2.25 billion in financing to Jefferies and purchased approximately 4.5% of the issued and outstanding common shares of Jefferies.
  • The alliance has now been further extended to formally cover EMEA in these business areas.
  • Jefferies and SMBC have already been collaborating to deliver client solutions for over two years and this latest step enhances the alliance across the growing regional footprint in EMEA.
  • We now further accelerate these efforts by aligning with the significant capital base and world-class capabilities of SMBC Group.

JCB partners with FrenchSys to boost card acceptance across France

Retrieved on: 
Tuesday, November 28, 2023

Tokyo, London, Paris, Nov 28, 2023 - (JCN Newswire) - JCB International Co., Ltd., the international operations subsidiary of JCB Co., Ltd. (JCB), announced its partnership with FrenchSys, a subsidiary of CB-Investissements (CBI), to facilitate a greater JCB certification process for payment terminals across France.

Key Points: 
  • Tokyo, London, Paris, Nov 28, 2023 - (JCN Newswire) - JCB International Co., Ltd., the international operations subsidiary of JCB Co., Ltd. (JCB), announced its partnership with FrenchSys, a subsidiary of CB-Investissements (CBI), to facilitate a greater JCB certification process for payment terminals across France.
  • This alliance helps banks, terminal manufacturers, and merchant partners to accept JCB Cards through an integrated certification process, hosted by FrenchSys.
  • This development will allow our valuable cardmembers to use their JCB Cards more widely throughout France, which is fantastic news for them and the merchant partners who serve them.
  • Cedric Sarazin, Managing Director, FrenchSys, added: "FrenchSys was established in 2019 to facilitate the acceptance of multi-scheme payments in France, serving acquirers, card schemes, manufacturers, and digital payment processors.

JCB expands partnership with Stripe to boost e-commerce merchant acceptance in Europe, Singapore and Hong Kong

Retrieved on: 
Wednesday, November 1, 2023

The collaboration will provide new growth opportunities for all of Stripe's e-commerce merchants in those areas by welcoming JCB's valued cardmembers.

Key Points: 
  • The collaboration will provide new growth opportunities for all of Stripe's e-commerce merchants in those areas by welcoming JCB's valued cardmembers.
  • In this latest extension, Stripe has also added JCB to its default payment scheme for merchants in the UK and Ireland in August 2023, and for merchants in other European countries, Singapore and Hong Kong in October 2023.
  • Through this partnership, we believe we can offer an additional and valuable payment option to our cardmembers."
  • "We're excited that our longstanding partnership with JCB continues to deliver new, tangible benefits to internet businesses and JCB cardmembers alike."

The 17th JCB World Conference Held in Okinawa, Japan

Retrieved on: 
Friday, October 27, 2023

TOKYO, Oct 27, 2023 - (JCN Newswire) - JCB Co., Ltd., Japan's leading international payment brand held the 17th JCB World Conference in Okinawa, Japan on October 25 and 26.

Key Points: 
  • TOKYO, Oct 27, 2023 - (JCN Newswire) - JCB Co., Ltd., Japan's leading international payment brand held the 17th JCB World Conference in Okinawa, Japan on October 25 and 26.
  • The conference brought together over 300 participants from 186 companies, primarily JCB Card issuers and merchant acquirers, representing 21 countries and regions.
  • The conference served as a platform for sharing insights on evolving payment technologies through digitalization and business models utilizing Japanese content with partners from various countries and regions.
  • The event was also an opportunity to strengthen partnerships further, especially in Okinawa, a location that showcases the recovery of tourism post the COVID-19 pandemic.

Saudi Tourism Authority and JCB sign a MoU to boost tourism in Saudi among global JCB cardmembers

Retrieved on: 
Wednesday, October 18, 2023

RIYADH & TOKYO, Oct 18, 2023 - (JCN Newswire) - Saudi Tourism Authority (STA) and JCB International Co., Ltd. (JCB) have reached a historic agreement aimed at boosting tourism in Saudi among JCB cardmembers globally.

Key Points: 
  • RIYADH & TOKYO, Oct 18, 2023 - (JCN Newswire) - Saudi Tourism Authority (STA) and JCB International Co., Ltd. (JCB) have reached a historic agreement aimed at boosting tourism in Saudi among JCB cardmembers globally.
  • The Memorandum of Understanding (MoU) was signed on 15 October 2023 and signifies a significant milestone in collaboration between the two entities.
  • Alhasan Aldabbagh, President of Asia Pacific Markets at Saudi Tourism Authority (STA), said: "We are thrilled to partner with JCB International, a global leader in payment and technology.
  • This partnership signifies an important step in enhancing tourism, facilitating travel, and fostering greater cultural exchange between Saudi and Japan.