
Japan’s Seven Bank mulls investing in FamilyMart card affiliate
The Tokyo-based bank is looking for areas beyond its main business of operating automated teller machines in convenience stores for its tie-up with FamilyMart.
The Japan TimesSeven & I Holdings is considering selling part of its stake in Seven Bank to Itochu to improve its corporate value by focusing on its convenience store business, people familiar with the matter say.
https://www.japantimes.co.jp/business/2025/05/21/companies/seven-bank-shares-itochu/?utm_medium=Social&utm_source=mastodon #business #companies #seveniholdings #sevenbank #itochu #stocks
Seven & I considers selling portion of Seven Bank shares to Itochu
The move is part of efforts to improve its corporate value by focusing on its convenience store business amid a bid to acquire it.
The Japan TimesSeven Bank has introduced a service allowing its account holders to deposit and withdraw cash using facial recognition technology at 26,000 automated teller machines across the country.
https://www.japantimes.co.jp/business/2025/02/09/companies/seven-bank-atm-face-recognition/?utm_medium=Social&utm_source=mastodon #business #companies #sevenbank #facialrecognition #banks #atm
Japan's Seven Bank starts ATM service using face recognition
Named Face Cash, the new service enables depositors with Seven Bank or Shizuoka Bank to make deposits and withdrawals without cash cards or smartphones.
The Japan TimesSeven Bank, which is partly owned by Seven & I Holdings, will seek to expand its ATM cash machine network beyond its parent company’s 7-Eleven shops into other convenience stores.
https://www.japantimes.co.jp/business/2024/11/11/companies/seven-bank-atms/ #business #companies #seveneleven #seveniholdings #banks #conveniencestores #sevenbank #atmSeven & I Holdings, the convenience-store operator facing a takeover approach from Canada’s Alimentation Couche-Tard, reportedly plans to reduce its stake in its banking unit to 38% as part of a broader revamp.
https://www.japantimes.co.jp/business/2024/11/06/companies/seven-bank-stake-reduce/ #business #companies #seveniholdings #seveneleven #retailers #conveniencestores #alimentationcouchetard #sevenbank #corporategovernanceConvenience store ATM operators in Japan are rushing to install machines at regional banks, supermarkets, and hospitals as banks reduce their own ATMs to cut costs.
https://www.japantimes.co.jp/business/2024/08/21/convenience-store-atms-spreading/ #business #atms #banks #sevenbank #lawsonbank #conveniencestores
Convenience store ATMs on the increase in Japan
Competition for making ATMs multifunctional, going beyond just withdrawing cash, and more user-friendly has been intensifying.
The Japan Times