October 25, 2024Company
We(Fincross Digital) are pleased to announce that we have joined the Specified Non-Profit Corporation Financial IT Association(FITA) as a Financial Institution Member.[PDF file]
A new future for regional banks, with the power of digital technology.
Big Data from the Eight Banks Combined:
savings accounts
(approx. 12.3 million)
loan clients
(approx. 900,000)
What is Fincross DIGITAL?
Fincross DIGITAL is a joint venture established for collaborative research and development, based on a partnership of seven regional banks that have agreed to work together in promoting the digitization of finance.
Kiraboshi Bank, Ltd. has joined the Fincross Partnership on September 4th, 2019
The Benefits of a Joint Venture
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Reduced burdens for each bank
Resources necessary for the digitization of banks can be jointly contributed by multiple banks, reducing the costs and burdens incurred by each bank.
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Innovative services and technological development
New financial services can be provided and new technologies can be implemented free from the constraints of existing systems, as multiple banks with different system infrastructures jointly conduct research and development.
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The Use of big data
Data from multiple banks can be aggregated, enabling data analyses and usages that are more complex than those that can be conducted by each individual bank (with the premise that individual data is made anonymous)
AI
RPA
Digital Retail
UX / UI
Company
News
October 16, 2023Company
We(Fincross Digital) are pleased to announce that we have joined the Financial Data Utilizing Association(FDUA) as a general member.[PDF file]
March 28, 2023AI
A team consisting of our employees and employees seconded from partner banks won the "SIGNATE Award"* at the machine-learning competition entitled "1st Financial Data Utilization Challenge" sponsored by the Financial Data Utilizing Association (FDUA).
[View article] * The award given to the team reporting unique features for building the predictive model.January 31, 2023AI
We(Fincross Digital) have jointly developed an AI model to predict the number of customers visiting the branches with The Fukui Bank, Ltd. "Congestion Prediction Calendar by AI", based on the data predicted by the AI model, will be released on The Fukui Bank website, Fukui Bank app, and branches lobby from Feb. 1, 2023. By checking the calendar in advance, it is expected to avoid congestion in the parking lot and shorten the waiting time.
April 21,2021AI
We(Fincross Digital) created an AI model using actual data owned by the banks and implemented a PoC to perform predictive analysis on the issues faced by the bank. In addition, using training materials that reflect the results of PoC implementation, we conducted hands-on practical training on the flow of AI model creation and how to use tools for partner banks(Fincross PARTNERS).
March 22, 2021AI
Member Banks of the Fincross Partnership to Collaborate and Begin Demonstration Experiments for Creating Sales Opportunities from Bank Negotiation Records Utilizing Natural Language Analysis Leveraging AI.[PDF file]
Feburary 22, 2021AI
Commencement of Practical Education Training on Financial AI for Member Banks of the Fincross Partnership, Based on AI Development Projects that We are Involved in. (Training Period: Feb. - Jun. 2021)
Feburary 1, 2021Company
Approval at Shareholder Meeting for Capital Reduction to 100,000,000 yen. (Effective Feb. 1, 2021; a reduction of 10,956,989 yen from 110,956,989 yen by reduction of capital without compensation)
November 5, 2020Company
Kiraboshi Bank, Ltd. has invested in Fincross DIGITAL Co., Ltd. through a third-party allotment.[PDF file]
December 19, 2019Digital
We(Fincross Digital) invited experts of Digital Marketing and consultant as instructor, and provided 2nd Digital Marketing Study Group for Fincross Partnership participants banks.
August 1, 2019AI
Member banks of the Fincross Partnership have decided to jointly develop and implement a financial products recommendation system that leverages AI technology.[PDF file]
April 23, 2019AI
Member banks of the Fincross Partnership have decided to jointly implement an in-bank digital document search system that leverages AI technology.[PDF file]
April 16, 2019Digital
We(Fincross Digital) invited experts of Digital Marketing and consultant as instructor, and provided Digital Marketing Study Group for Fincross Partnership participants banks.
March 05, 2019Company
We(Fincross Digital) gave a lecture about "Direction of digitalization in regional banks" at "The 5th Financial ICT Conference 2019-Spring-" sponsored by NANO OPT Media, Inc.
February 21, 2019Company
We(Fincross Digital) gave a lecture about "Direction of digitalization in regional banks" at "Study group aiming best chosen financial institution, 5th time held at Tokyo" sponsored by Tanabe Management Consulting Co., Ltd.
February 13, 2019AI
We(Fincross Digital) invited experts of data analysis and consultant as instructor, and provided Data Science Training for Fincross Partnership participants banks.
January 28, 2019Company
We are pleased to announce the relocation of our office. Our new address as follows:
Kabutocho Heiwa Bldg. No.6 2F, 6-5 Nihonbashi Kabutocho, Chuo-ku, Tokyo, 103-0026, Japan
December 03, 2018Company
We(Fincross Digital) gave a lecture about "Direction of digitalization in regional banks"at ”Future of ICT Application and Broadcasting” seminar sponsored by Ministry of Internal Affairs and Communications (MIC) of Japan and The office of the National Broadcasting and Telecommunications Commission (NBTC)
August 27, 2018Company
[Media Appearance]Fincross DIGITAL appeared on the TOP Interview of the Finance Facsimile News
June 25, 2018Company
Establishment of Fincross DIGITAL Co., Ltd.
Message from the Company
The digitization of the economy and society are rapidly progressing, impacting the management of banks in various ways. In this environment, executives with strong leadership have emerged at some regional banks, taking the trend of digitization positively and aggressively working to open up bright futures for their banks.
Having said that, there is great difficulty in tackling this issue alone, as there are many limitations including managerial resources such as human resources and costs, or the amount of customer data that can be utilized for big data analyses. This is why regional banks with the same aspirations gathered together to move forward in a collaborative effort.
We are a joint venture that has been established by seven regional banks (The Senshu Ikeda Bank, Ltd., The Gunma Bank, Ltd., The San-In Godo Bank, Ltd., Shikoku Bank, Ltd., The Chiba Kogyo Bank, Ltd., The Tsukuba Bank, Ltd., and The Fukui Bank, Ltd.) that share a grand vision and clear principles, and we also conduct secretariat operations for “Fincross PARTNERS”.
We will be providing to participating banks a digital infrastructure that will enable the timely provision of services that meet the needs of customers with ease of use, by effectively utilizing regionally dispersed big data that is owned by the participating banks, while adding the flavor of regional banks.
Additionally, with the business environment becoming even more challenging, we will provide pragmatic, effective digital solutions to the various issues that arise when banks strive to advance their operations and make them more efficient in order to reduce any excess and become leaner.
Going forward, the digitization of the economy and society is expected to accelerate even further, but we believe that the more this actually occurs, the more business opportunities there will be for regional banks. Let us react positively to these drastic changes and leverage the power of digital technology to pioneer a bright future for regional banks.
Company Information
Company name:
Fincross DIGITAL Co., Ltd.
Headquarters:
6-5, Nihonbashi-Kabutocho, Chuo-ku, Tokyo, 103-0026, Japan
Executives:
Chief Executive Officer
Shuhei Namekawa
Director
Toshinori Kasuga
Kazuo Nagai (The Senshu Ikeda Bank, Ltd.)
Tomoaki Tateno (Kiraboshi Bank, Ltd.)
Yasuo Kawada (Shikoku Bank, Ltd.)
Yasumitsu Kanda (The Chiba Kogyo Bank, Ltd.)
Akihide Uchida (Tsukuba Bank, Ltd.)
Shigeki Maeba (The Fukui Bank, Ltd.)
Auditors
Takeo Uchibori (The Gunma Bank, Ltd.)
Hirohisa Ikuta (The San-In Godo Bank, Ltd.)
Capital:
100,000,000 yen
Shareholders:
The Senshu Ikeda Bank, Ltd. 12.5%
Kiraboshi Bank, Ltd. 12.5%
The Gunma Bank, Ltd. 12.5%
The San-In Godo Bank, Ltd. 12.5%
Shikoku Bank, Ltd. 12.5%
The Chiba Kogyo Bank, Ltd. 12.5%
Tsukuba Bank, Ltd. 12.5%
The Fukui Bank, Ltd. 12.5%
Businesses:
(1) Research and development for IT, finance, fintech, and development of industries, markets, and regions, etc.
(2) Planning, development, and operation, etc. of information systems, etc.
(3) Secretariat operations for the Fincross Partnership
Contact Us
Feel free to contact us with questions about Fincross DIGITAL,
or regarding surveys/research/information exchange with regard to FinTech.
*all items must be filled
Fincross DIGITAL Co., Ltd. is a so-called “advanced banking service company” that was jointly established through equal investments by
The Senshu Ikeda Bank, Kiraboshi Bank, Ltd., Ltd., The Gunma Bank, Ltd., The San-In Godo Bank, Ltd., Shikoku Bank, Ltd., The Chiba Kogyo Bank, Ltd., The Tsukuba Bank, Ltd., and The Fukui Bank, Ltd.