Minna no Ginko and TMN Begin Exploring Collaboration on Embedded Finance for the Retail Industry

AI Summary (NQ-processed)

E-payment service provider Transaction Media Networks (TMN) and Minna no Ginko, a subsidiary of Fukuoka Financial Group, have signed a basic agreement for collaboration. Based on this agreement, the two companies will aim to realize embedded finance solutions for the retail industry by integrating TMN's payment network with Minna no Ginko's financial infrastructure. Specific areas of consideration include adding a direct bank account charging function to TMN's house prepaid payment service and jointly developing new financial services utilizing transaction data, with a target implementation by fiscal year 2027.