Aozora sets policies for Electronic Payment Agencies

The Bank’s policies for collaboration and alliances with Electronic Payment Agencies (*1) are summarized below. In the event that these policies are subsequently updated, we will disclose any changes on the Aozora website.

I. Basic Policy

Aozora has developed its basic policies for collaboration and alliances with various Electronic Payment Agencies from the perspective of enabling open innovation while maintaining careful control and user protections.

II. Open API Policy

Aozora will release Application Program Interfaces to facilitate collaboration with Electronic Payment Agencies authorized by retail customers to retrieve their account information (*2) in the summer of 2018. The planned functions provided by these APIs are as follows:

API-based functions to be available in the summer of 2018
APIs for retrieving account information
Retail
Customers
・Balance inquiry (ordinary deposit)
・Balance inquiry (time deposit)
・Balance inquiry (foreign currency deposit). Only USD and AUD
・Balance inquiry (Investment trust). Excluding foreign currency-denominated MMFs
・Deposit/withdrawal statement (ordinary deposit)

Aozora will release Application Program Interfaces to facilitate collaboration with Electronic Payment Agencies authorized by retail customers to direct exchange transactions for fund transfers in FY2019 (*3). The Bank will review the release of APIs to Electronic Payment Agencies authorized by corporate customers to retrieve their account information as well as direct exchange transactions for fund transfers upon assessing the needs of our corporate customers and Electronic Payment Agencies.

III. Open API System Information

Aozora will employ the services of NTT DATA Corporation for the design, operation, and maintenance of the Open API system.

IV. Department Contact

The name and e-mail address of the division which is responsible for collaboration and alliances with Electronic Payment Agencies is as follows:

AOZORA BANK, LTD. Business Strategy Division, Digital Innovation Office
e-mail: aozora-api@aozorabank.co.jp

  • (*1) An agency as prescribed by the Amended Banking Act Article 2, paragraph 18. In accordance with a separate, forthcoming “Policy for Association with Electronic Payment Agencies”, this rule is limited to agencies that have a contract with the bank for electronic payment related services.
  • (*2) As prescribed by the Amended Banking Act, Article 2, paragraph 17, item 2
  • (*3) As prescribed by the Amended Banking Act, Article 2, paragraph 17, item 1

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