Japan's Sumitomo Mitsui launches digital bank in the US

Japan's Sumitomo Mitsui launches digital bank in the US

FILE PHOTO: A woman walks past a sign board of Sumitomo Mitsui Banking Corporation, part of Sumitomo Mitsui Financial Group Inc (SMFG) outside its branch in Tokyo, Japan, January 27, 2017. REUTERS/Toru Hanai

Sumitomo Mitsui Financial Group has launched a digital banking service in the United States, as Japan’s number two lender aims to tap growth in the U.S. consumer banking market, a bank executive said on Wednesday.