URGENT: Japan payments clearing network restored after 2-day disruption

Economy

Restoration work for Japan’s payments clearing network was completed Thursday morning, two days after a system failure disrupted fund transfers at 11 banks, its operator said.

Among the 11 banks, MUFG Bank said the same day that its transaction service had returned to normal.

Over 5 million transactions were affected, with transfers via automated teller machines, online banking and bank counters all delayed.

Kyodo News

Kyodo News