Restoration work for Japan's payments clearing network was completed, two days after a system failure disrupted fund transfers at 11 banks, its operator says.
An interbank data communications system continued to malfunction early on Oct. 11, and its operator said it cannot forecast when it can fix the problem that has affected more than 1 million transactions.
TOKYO : The Japanese Bankers Association said on Tuesday a glitch at its online payment clearing network system is preventing some domestic transfers at 11 banks including MUFG Bank and Resona Bank.There was an issue with the system's relaying computer and the association is investigating the cause, the b