Mizuho becomes First Japanese Bank to Adopt SAP Multi-Bank Connectivity Solution

Strengthening Mizuho's position as a leading transaction bank through SAP Multi-Bank Connectivity

SINGAPORE, June 2, 2026 /PRNewswire/ -- Mizuho Bank, Ltd., the banking arm of Mizuho Financial Group, Inc. (NYSE: MFG), one of the largest full-service financial institutions in the world, announced a strategic alliance with SAP (NYSE: SAP), a global leader in enterprise applications and business AI, to become the first Japanese bank to adopt SAP Multi-Bank Connectivity.

SAP Multi-Bank Connectivity enables corporates to connect with multiple banks through a single, standardized channel, streamlining connectivity across diverse banking relationships. As a member bank, Mizuho will be directly accessible to corporates already connected to SAP Multi-Bank Connectivity, enabling immediate and seamless integration. This partnership positions Mizuho in the expanding ecosystem of global corporates, advancing embedded banking capabilities and fostering efficiency and seamless connectivity.

Koichi Zaiki, Senior Managing Executive Officer, CEO for Asia Pacific, Mizuho Bank, said, "As the first Japanese bank with SAP Multi-Bank Connectivity, we are enhancing our ability to serve corporate clients through a more streamlined and standardized connectivity. This initiative enables corporates to integrate with Mizuho seamlessly within their existing treasury ecosystems – supporting greater flexibility, faster onboarding and increased agility in managing day-to-day treasury operations."

"Our agreement with SAP underscores Mizuho's commitment to innovation and represents an important step in our progression toward embedded finance", said Ashutosh Kumar, Head of Transaction banking for Asia Pacific, Mizuho Bank. "It strengthens how we deliver value to clients and reinforces our position as a forward-looking transaction banking partner of choice across Asia Pacific."

Verena Siow, Regional Business Suite Leader for SAP Asia Pacific, said, "Mizuho's adoption of SAP Multi-Bank Connectivity marks a significant step forward in how it supports its customers' day-to-day operations. By enabling straight-through payment processing, and providing real-time visibility and automated data flows, this solution allows Mizuho to help organizations manage liquidity more effectively and stay agile in today's highly interconnected and evolving financial landscape. We are proud to partner with Mizuho Bank on this journey, strengthening its capabilities and expanding its impact across Asia Pacific."

With SAP customers generating 84% of total global commerce, Mizuho's adoption of SAP Multi-Bank Connectivity marks a significant step in enhancing its global transaction banking capabilities. As corporates increasingly seek bank-agnostic, efficient and secure connectivity solutions, the alliance positions Mizuho to better support clients operating across multiple markets and banking relationships.

About Mizuho Financial Group
Mizuho Financial Group, Inc. is one of the largest, full-service financial institutions in the world, with approximately 65,000 employees, over 150 years of banking experience, and assets of approximately JPY 226 trillion on a consolidated basis. We have a global network encompassing financial and business centers in over 120 countries around the world, in addition to a nationwide network and one of the largest customer bases in Japan.

Rooted in some of the largest, most influential financial institutions in Japanese history, Mizuho has been an important part of our clients' growth for more than a century. Our financial strength, expertise, client focused values, and unwavering support makes Mizuho a trusted banking partner.

As a full-service financial group, we combine extensive industry and local market expertise, a broad geographic presence, and a comprehensive range of financing and advisory solutions. Our services include corporate, syndicated and project finance, and cover loan and debt capital markets, that address both industry and client needs.

About SAP
As a global leader in enterprise applications and business AI, SAP (NYSE:SAP) stands at the nexus of business and technology. For over 50 years, organizations have trusted SAP to bring out their best by uniting business-critical operations spanning finance, procurement, HR, supply chain, and customer experience. For more information, visit www.sap.com.

SAP and other SAP products and services mentioned herein as well as their respective logos are trademarks or registered trademarks of SAP SE in Germany and other countries. Please see https://www.sap.com/copyright for additional trademark information and notices.

SAP and other SAP products and services mentioned herein as well as their respective logos are trademarks or registered trademarks of SAP SE in Germany and other countries. Please see https://www.sap.com/copyright for additional trademark information and notices.

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Mizuho becomes First Japanese Bank to Adopt SAP Multi-Bank Connectivity Solution

Mizuho becomes First Japanese Bank to Adopt SAP Multi-Bank Connectivity Solution

SINGAPORE, June 3, 2026 /PRNewswire/ -- Star Living has unveiled a new all-in-one home planning concept aimed at helping Singapore homeowners manage renovation, furnishing, and home appliance selection through a more coordinated and efficient process.

As renovation projects become increasingly complex, many homeowners are looking for ways to reduce the challenges of managing multiple contractors, suppliers, and retailers separately. Star Living's latest initiative brings together renovation-related services, furnishings, electrical appliances, and sanitary solutions under a single customer experience designed to simplify project coordination.

Addressing Growing Demand for More Coordinated Home Planning

Today's homeowners are placing greater emphasis on practicality, time efficiency, and cohesive planning when designing their homes.

To support these evolving expectations, Star Living now offers a broader range of services including:

• Carpentry and customised built-ins
• Masonry and flooring works
• Air-conditioning installation
• Bathroom fittings and sanitary installation
• Interior consultation
• Furniture and mattress collections
• Home appliances and household essentials

Through this consolidated approach, customers can manage multiple aspects of their renovation and furnishing requirements through a single touchpoint, helping to reduce administrative complexity and improve planning efficiency.

"We want to make the renovation and furnishing process more manageable for homeowners. By bringing these services together, customers can enjoy a more seamless experience when planning their homes," said Koh Hong Jie, Group Retail Manager at Star Living.

Expanding Interior Solutions with OPU Door

As part of its broader product expansion, Star Living has also introduced OPU Door, a distributed door system brand offering contemporary door solutions designed for space-conscious residential interiors.

Launched in 2025, the collection includes:

• Slim-frame aluminium core doors
• Concealed doors for minimalist interiors
• Synchronised sliding door systems
• Phantom doors designed for tighter layouts and space optimisation

The range caters to homeowners seeking cleaner visual aesthetics while maximising functionality within compact urban homes.

Adapting to Lifestyle and Material Preferences

The company has also expanded its offerings in response to changing consumer preferences surrounding sustainability, wellness-focused materials, and pet-friendly home environments.

Its current product selections include:

• Low-formaldehyde materials
• Sustainably sourced furniture
• Scratch-resistant and stain-resistant upholstery fabrics suitable for pet owners

As part of its material standards, Star Living uses E1-grade or higher MDF and CARB P2-certified boards. The company has also been awarded the SFIC Sustainability Furniture Mark in recognition of its environmental and health-conscious practices.

Creating a More Connected Retail Experience

Star Living's showroom at Serangoon North reflects the company's lifestyle-oriented retail approach by presenting furnishings, renovation elements, sanitary fittings, and appliances within coordinated home settings.

The showroom is designed to help customers better visualise how different components can come together within a residential environment before making purchasing decisions.

In addition, Star Living works with established air-conditioning brands including Daikin, Midea, Panasonic, and Mitsubishi Electric to support a broader range of household needs.

Positioned for Evolving Consumer Needs

Established in 1981, Star Living continues to evolve alongside shifting homeowner expectations by focusing on practical home planning, coordinated services, and adaptable interior solutions.

By combining renovation-related services with furnishings, sanitary solutions, and appliances, the company aims to provide a more efficient and accessible approach for customers planning their homes.

About Star Living

Star Living is a Singapore-based home and lifestyle brand operated by Star Furniture Pte Ltd. Established in 1981, the brand offers a comprehensive range of furniture, home furnishings, renovation-related services, sanitary solutions, and household products, serving residential customers across Singapore.

Website: https://www.starliving.com.sg/

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Star Living Introduces Integrated 'One-Stop Home & Living' Concept to Simplify Renovation and Furnishing for Singapore Homeowners