Mizuho Corporate Bank, Ltd. Deploying Metavante’s Anti-Money Laundering Solution Across Offices in 19 Countries

Metavante (NYSE:MV), a leading provider of banking and payments technology, today announced that Mizuho Corporate Bank, Ltd. (“Mizuho”) is automating its compliance efforts throughout its international offices and subsidiaries in 19 countries worldwide with a suite of anti-money laundering (AML) products from Metavante Corporation’s Risk and Compliance Solutions division. Mizuho Corporate Bank, Ltd. is a subsidiary of the Japan-based Mizuho Financial Group, Inc. (NYSE:MFG), one of the largest financial services companies in the world with total assets of over $1.5 trillion.

Mizuho is deploying Metavante’s Prime Compliance Suite in more than 27 of its offices. The Prime Compliance Suite is a comprehensive AML compliance solution to help organizations mitigate risk and ensure compliance requirements are met for global mandates such as the Financial Action Task Force (FATF) recommendations, European 3rd Directive, Bank Secrecy Act, USA PATRIOT Act, and Office of Foreign Asset Control (OFAC). The suite enables effective and efficient detection of suspicious activity and automates filing of the necessary regulatory reports with the appropriate governmental agencies.

Angelo Aldana, General Manager and Head of Americas Legal and Compliance, Mizuho Corporate Bank, commented, “With our extensive global presence, it was vital for Mizuho to partner with an organization that has both the industry expertise and bandwidth to enable effective monitoring and timely reporting of suspicious transaction activity worldwide. Metavante’s comprehensive suite of AML compliance components and extensive deployment of software solutions in both the U.S. and international market will help ensure Mizuho’s exposure is effectively managed and our interests are well protected.”

Metavante’s Prime Compliance Suite analyzes and reports suspicious money laundering transaction activity that may be present, utilizing a powerful rules engine, customer profiling techniques, and robust case management. The software also provides an automated method to process the request for information from Financial Intelligence units within each country, and perform the electronic search against customer names accounts and detailed transaction information.

“With the rapid changes taking place in today’s turbulent economy coupled with the mounting list of governmental regulations, it’s become more challenging for financial institutions to manage their risk and exposure. Mizuho and organizations worldwide come to Metavante because they’re confident in our ability to manage through these challenges to ensure their interests are protected both today and tomorrow,” said Gary Bakker, division president, Metavante Risk and Compliance Solutions. “By offering a comprehensive set of capabilities that covers a wide spectrum of compliance needs, including anti-money laundering, we’ve established ourselves as a trusted partner that banks like Mizuho can rely on for future success.”

Metavante Risk and Compliance Solutions help clients mitigate threats to their business by enabling comprehensive risk management and regulatory compliance. This is accomplished by combining industry expertise with leading software technologies. Using proven methodologies tailored to the specific needs of the customer, Metavante’s capabilities enable the business to effectively understand and comply with regulatory requirements, detect and prevent fraud, secure private information, and manage risk.

About Mizuho Corporate Bank

Mizuho Corporate Bank, Ltd. provides financial and strategic solutions for the increasingly diverse and sophisticated needs of clients, focusing its efforts on serving major corporations, financial institutions, and public sector entities. A relationship management approach to serving clients enables Mizuho Corporate Bank, Ltd., together with other group companies, to develop customized solutions in areas such as corporate, structured and project finance, investment banking, transaction banking and asset management. With offices in more than 20 countries, Mizuho Corporate Bank, Ltd. offers clients both localized service and the extensive reach of a global business network. Mizuho Corporate Bank, Ltd. is a subsidiary of the Japan-based Mizuho Financial Group, Inc. (NYSE:MFG), one of the largest financial services companies in the world, with total assets of approximately US$1.5 trillion, as of September 30, 2008.

About Metavante

Metavante Technologies, Inc. (NYSE:MV) is the parent company of Metavante Corporation. Metavante Corporation delivers banking and payments technologies to approximately 8,000 financial services firms and businesses worldwide. Metavante products and services drive account processing for deposit, loan and trust systems, image-based and conventional check processing, electronic funds transfer, consumer healthcare payments, electronic presentment and payment, outsourcing, and payment network solutions including the NYCE Network, a leading ATM/PIN debit network. Metavante (www.metavante.com) is headquartered in Milwaukee.

Metavante and NYCE are registered trademarks of Metavante Corporation, which is the principal subsidiary of Metavante Technologies, Inc.