Mitsubishi UFJ to Launch New Online Bank in FY2026; AI-Based Asset Formation and Unique Points System

Mitsubishi UFJ Financial Group announced on the 27th that it aims to open a digital bank in the second half of fiscal 2026. Using big data and artificial intelligence (AI) technology, it will propose medium- to long-term asset formation to customers. It will also create a common points system across the group to increase contact with young people who will become future customers. As interest rates rise and deposits become more important, competi…