Japan's MUFG Bank to tap AI, satellite images for collateral appraisals
MUFG Bank is considering sharing its planned system with regional banks, many of which are struggling with labor shortages. (Photo by Akira Kodaka)TAKERO MINAMIJuly 8, 2026 05:14 JSTTOKYO -- MUFG Bank plans to combine satellite imagery data and artificial intelligence in a system
MUFG Bank is considering sharing its planned system with regional banks, many of which are struggling with labor shortages. (Photo by Akira Kodaka)TAKERO MINAMIJuly 8, 2026 05:14 JSTTOKYO -- MUFG Bank plans to combine satellite imagery data and artificial intelligence in a system to inspect real estate used as loan collateral starting in fiscal 2027, shaving up 10,000 hours annually from time devoted to on-site inspections. TOKYO -- MUFG Bank plans to combine satellite imagery data and artificial intelligence in a system to inspect real estate used as loan collateral starting in fiscal 2027, shaving up 10,000 hours annually from time devoted to on-site inspections.
TOKYO -- MUFG Bank plans to combine satellite imagery data and artificial intelligence in a system to inspect real estate used as loan collateral starting in fiscal 2027, shaving up 10,000 hours annually from time devoted to on-site inspections. Read NextInterviewNew MUFG president targets ROE on par with JPMorganFinanceJapan's top banks weigh how to raise dollars for promised US investmentsFinanceJapan megabanks to pay 2tn yen in dividends for 1st timeTelecommunicationRakuten-led group set for subsidies to build Japan's answer to StarlinkAerospace & Defense IndustriesChina satellite companies set sights on SpaceX, pushing to ramp up launchesFinanceJapan's banks, insurers speed up sales of strategic shareholdingsLatest on CompaniesCompaniesGold slump tests Chinese brand Laopu's resilience as luxury upstartCompaniesAustralia eyes Big Four accounting reforms after scandalsCompaniesChina's UBTech launches lifelike humanoid robots for consumers Read Next Read Next InterviewNew MUFG president targets ROE on par with JPMorganFinanceJapan's top banks weigh how to raise dollars for promised US investmentsFinanceJapan megabanks to pay 2tn yen in dividends for 1st timeTelecommunicationRakuten-led group set for subsidies to build Japan's answer to StarlinkAerospace & Defense IndustriesChina satellite companies set sights on SpaceX, pushing to ramp up launchesFinanceJapan's banks, insurers speed up sales of strategic shareholdings InterviewNew MUFG president targets ROE on par with JPMorgan InterviewNew MUFG president targets ROE on par with JPMorgan FinanceJapan's top banks weigh how to raise dollars for promised US investments FinanceJapan megabanks to pay 2tn yen in dividends for 1st time TelecommunicationRakuten-led group set for subsidies to build Japan's answer to Starlink Aerospace & Defense IndustriesChina satellite companies set sights on SpaceX, pushing to ramp up launches FinanceJapan's banks, insurers speed up sales of strategic shareholdings Latest on Companies Latest on Companies CompaniesGold slump tests Chinese brand Laopu's resilience as luxury upstartCompaniesAustralia eyes Big Four accounting reforms after scandalsCompaniesChina's UBTech launches lifelike humanoid robots for consumers CompaniesGold slump tests Chinese brand Laopu's resilience as luxury upstart CompaniesAustralia eyes Big Four accounting reforms after scandals CompaniesChina's UBTech launches lifelike humanoid robots for consumers Sponsored Content Sponsored Content
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