Latest news with #TobyBrown
Business Wire
26-06-2025
- Business
- Business Wire
Minna Bank's Full Cloud-Based Banking System to be Provided Externally for the First Time to MUFG Bank
TOKYO--(BUSINESS WIRE)--Minna Bank announced that the full cloud-based banking system developed and operated by Zerobank Design Factory (ZDF), a subsidiary of Fukuoka Financial Group, in collaboration with Accenture and operating on Google Cloud, has been selected as the core system for the newly established digital bank by MUFG Bank. Minna Bank announced that the full cloud-based banking system developed and operated by Zerobank Design Factory has been selected as the core system for the newly established digital bank by MUFG Bank. Share In 2022, ZDF announced its plans to offer the system to both local and global financial institutions, as well as non-financial entities seeking to launch banking services. This marks the first instance of ZDF extending the system to external organizations. Looking ahead, ZDF aims to address the challenges faced by companies entering the banking industry and other sectors through the provision of the system, thereby contributing to the growth and innovation of the digital banking market both domestically and globally. Japan's First Digital Bank | Minna Bank Case Study | Accenture * Google Cloud is a trademark of Google LLC. Masashi Nakano, Senior Managing Director, Lead, Financial Services, Asia Pacific and Japan, Accenture In Japanese banks, the need for increased management speed has highlighted key challenges with the inefficiency and high costs of existing core systems. One effective solution to address this is the adoption of a cloud-based and microservice platform bank system. This system incorporates numerous advanced technologies, including multi-cloud, microservice architecture and DevSecOps. Designed to enhance new banking systems, this solution significantly contributes to the growth of services, accelerates deployment speed, and improves operational efficiency. This innovative system with its modular design and capability for partial integration with existing systems offers versatile applications for banks, non-bank financial institutions, and non-financial entities both domestically and globally. Accenture will continue to collaborate with financial institutions to address management challenges and contribute to their growth. Toby Brown, Global Managing Director, Regulated Industries, Google Cloud Our collaboration with Minna Bank reinforces that cloud-based technology can deliver flexibility, speed, and reliability for core systems within global banks. Minna Bank's use of Google Cloud's advanced technologies -- like Google Kubernetes Engine for elastic scale, Spanner for global data consistency, and Vertex AI for intelligent insights -- is a blueprint for accelerating digital transformation far beyond banking, enabling industries from retail to mobility to seamlessly embed financial services and create new value for their customers. Kenichi Nagayoshi, President and CEO, ZDF and Minna Bank Launched in May 2021 as Japan's first digital bank, Minna Bank now serves 1.3 million accounts and many customers nationwide. Minna Bank has been advancing three businesses: the B2C business providing financial services to individuals, the B2B2X business offering financial functions and services to partner companies via API, and the banking system provision business. Since its inception, the bank has accumulated and updated its technologies and expertise related to systems, functionalities, and design required for a digital bank. As a result, we believe that the recent first external provision of our system marks a valuable milestone. Moving forward, we hope to contribute, even if just a little, to the development of the digital banking market both domestically and internationally through the provision of this system. About Minna Bank Minna Bank, Ltd. is Japan's first digital bank which commenced commercial operations on May 28, 2021. Minna Bank means 'a bank for everyone' in Japanese. Its mission is to 'Deliver valuable connections to everyone.' Minna Bank strives to become a pioneer in the financial services industry, creating and connecting ecosystems including consumer and business customers and various communities. Minna Bank is a wholly owned subsidiary of Fukuoka Financial Group. About Zerobank Design Factory (ZDF) ZDF is the system development company who builds Minna Bank's core system, and the first developer in Japan to build the core banking system on a public cloud. ZDF is a wholly-owned subsidiary of Fukuoka Financial Group. About Fukuoka Financial Group Fukuoka Financial Group, Inc. (FFG, TOKYO:8354), established in 2007, is Japan's largest regional financial group. FFG has a wide network covering the entire Kyushu region. FFG is actively pursuing a Digital Transformation (DX) strategy, and established Minna Bank, Japan's first digital bank architected from the ground up.
Muscat Daily
17-05-2025
- Entertainment
- Muscat Daily
Oman showcases equestrian heritage at Royal Windsor Show
Windsor, UK – Oman is participating in the Royal Windsor Horse Show 2025 being held at Windsor Castle in the United Kingdom ending on Sunday. The Royal Cavalry of Oman began its participation in the event on Friday with a presentation titled 'The Sultanate of Oman – Jewel of Arabia' highlighting the country's rich heritage and tourism potential. The performance included traditional horse sports, with male and female riders demonstrating equestrian skills, and Ardha (traditional horse-riding), accompanied by the Royal Cavalry band playing Omani and Arab compositions. The show also features competitions in show jumping, endurance and equestrian discipline, as well as chariot driving and small horse shows. Col Toby Brown, Chairman of the show, noted the strong ties between Oman and the UK, saying, 'The relationship between the Sultanate of Oman and the United Kingdom is very important, and we are very fortunate to have enjoyed good relations with Oman for many centuries.' Hilal bin Mohammed al Waili, Head of Horse and Camel Affairs, Farms and Royal Gardens at Royal Court Affairs, said Oman's participation in the show highlights its cultural and heritage, contributing to greater global awareness of the sultanate's equestrian traditions. Dr Sarhan bin Salem al Zaidi, Director General of Royal Cavalry, emphasised the fact that Royal Cavalry's performances at this year's show showcased the skill and deep bond between Omani riders and their horses while captivating the audience.
BBC News
13-02-2025
- Business
- BBC News
Twickenham coding genius swapping GCSEs for Silicon Valley
As a toddler, Toby Brown first began tinkering with padlocks. Then he started kitting his house out with alarms made out of bits of paper and wires. By the time he was in primary school, he had coded timetable games and was selling them back to his teachers in Twickenham, west schoolboy later joined Hack Club, a global hackers' community for teenagers, where he became their youngest employee at age at 16, Toby has secured a $1m deal with Silicon Valley investors for an AI platform he has built, Beem. Toby has postponed taking his GCSEs and instead is jetting off to build up his business in sunny said: "This amount of money is going to be so helpful. I actually got the phone call on my birthday, so it was a great birthday gift."My friends were quite shocked by it. I made the mistake of not telling them early enough, and it got to the last week of school, and the news came out, and suddenly everyone was like, 'Ah, Toby, can I have a tenner?'"It was such a massive part of life. I'd wake up early in the morning to work on it, and I'd come home from school and start coding, it was all I was doing, all I was working on, and it was hard sometimes not being able to tell everyone what I was up to." As for what Beem actually does, Toby explains: "It's essentially a computer that brings files to you; it can bring your calendar to you, and it's scaleable to do anything, really."An example I really like is if you imagine you're going on holiday and you're going with your family, you've booked an Airbnb and it [Beem] realises you've not booked your flights yet. Beem knows you; it knows your price, and it knows what airline you like to fly with."For Toby's mother Claire, it is a mystery where he got his coding talent from."We don't have a background in coding or computing. I work for the NHS; my husband is in marketing, and it's not something we know much about," she said. "It was quite a shock for us, quite surprising," added Claire."But he did it all by himself - from building his first computer to finding Hack Club, which was where he really found his people and community."Toby's mentor and founder of Hack Club, Zach Latta, who is based in Vermont, in the US, said he knew Toby was special straight away."From the first day you met Toby, you knew that this was going to happen."Hack Club is a place where there are hundreds of teenagers around the world who are working together on these alternate paths, and you could just tell that Toby was going to take this step."I'd say it wasn't a surprise from me when I heard that he'd raised $1million, obviously that was going to happen," Mr Latta explained."It's so exciting to see so many incredible young people joining Hack Club from London and the UK right now, there's a big growing community there." 'World domination' "It's such an exciting opportunity," Toby added. "I think we've got an opportunity to really change things, change how we use computers, and I couldn't turn that down."Toby said after his trip to California, he hoped to return to London and continue his asked whether Beem was going to take over the world, Toby chuckles: "World domination, but not the evil kind!"
