Wirecard Expands Cooperation With Mizuho Bank on Global Scale

PR80340

ASCHHEIM, Germany, Sept. 4, 2019 /PRNewswire=KYODO JBN/ --

• 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

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

Source: Wirecard