Sony is set to deliver online banking operations in Australia under its Sony Bank unit as soon as the next financial year.The Japanese company is currently in talks with Australian financial authorities and is planning to set up a Sydney office in August, according to the Nikkei.
The Sydney site will operate on a one year research period, with future expectations to offer mortgages to Australians.
If the company is able to secure to relevant licences, it could begin trading in August 2012.
The Sony Bank division is owned by Sony Financial Holdings that Sony has a majority stake in at 60 per cent. Sony Financial Holdings began operating in the banking world of Japan back in 2001.