Bank of Tokyo Mitsubishi UFJ and KDDI (5th largest bank in the world, and a telephone company) announce a new bank focussed on telephone and internet access only.  Both from Japan, this is an interesting model, that levers the strength of world class companies in their respective fields.

KDDI Announces Launch of Jibun Bank Customer Services

Jibun Bank Corporation is pleased to announce that it has today started accepting applications from customers for new accounts and has launched full customer services via mobile phones (au, NTT DoCoMo, and Softbank Mobile), the Internet (PCs), and the telephone (IVR/operator).

At the same time, KDDI Corporation and the Bank of Tokyo-Mitsubishi UFJ have started marketing and opening accounts for Jibun Bank as bank agents.

Making the most of mobile phones, Jibun Bank is striving to become a financial institution with top customer satisfaction – a “personal bank for each individual customer” – providing high-quality financial services that are both convenient and secure.