How SMBC’s Olive mobile app is changing banking behavior in Japan
Sumitomo Mitsui Banking Corporation (SMBC) and Sumitomo Mitsui Card Company (SMBC Card) launched Olive, a mobile first financial service that integrates traditional bank accounts, card payments, financing, securities, insurance, and other functions into a single smartphone application.
In March 2023, Sumitomo Mitsui Banking Corporation (SMBC) and Sumitomo Mitsui Card Company (SMBC Card) launched Olive, a mobile‑first financial service that integrates traditional bank accounts, card payments, financing, securities, insurance, and other functions into a single smartphone application. The service was developed over roughly two and a half years with the goal of offering SMBC and SMBC Card products together in one package, reflecting broader shifts in how Japanese consumers interact with financial services.
Digital Reinvention community
With Qorus memberships, you gain access to exclusive innovation best practices and tailored matchmaking opportunities with executives who share your challenges.