Mizuho Bank’s fifth outage draws government criticism
All 460 Mizuho Bank branches nationwide were not able to process transactions for about an hour on Friday morning due to an IT hardware failure the previous night.
MUFG Bank scrambles to return cards and bank books after ATM glitch
The bank confirmed that there had been 103 incidents of cash cards and bank books being swallowed by the machines instead of being returned to customers after use.
Mizuho says Hitachi hardware behind March banking system failure
The spate of glitches between Feb. 28 and March 12 has undermined confidence in Mizuho Bank, one of the country's three megabanks.
Mizuho Bank will acknowledge flaws in its system management in a report over a series of glitches that the Japanese lender will soon submit to regulators, informed sources said Friday. The report will say that Mizuho failed to fully recognize the impact of glitches that ...
The news comes after the Japanese Banks' Payment Clearing Network said it will lower interbank money transfer fees to ¥62 per transaction, effective from Oct. 1.
Mizuho scraps plan to replace banking arm head after system failures
Koji Fujiwara, president of Mizuho Bank, will stay on for the time being as the Japanese megabank works to get to the bottom of the issue.
As of Wednesday, Mizuho Bank had returned over 90% of the 5,244 cash cards and passbooks swallowed by ATMs hit by the glitch.
Japan's Mizuho Bank restores ATM services after card-eating glitch
The system failure began Sunday, and by around 8 p.m. some 3,000 of its 5,400 ATMs had stopped functioning and failed to return customers' cash cards.
Japan juggles power struggles, hotel woes and what to do with repurposed ATM spaces
The unusually cold winter this year is putting a strain on power utilities nationwide.
MUFG Bank and Sumitomo Mitsui Banking to share ATMs, seeking lower costs amid decline in users
Two mega-banks plan to share their respective ATMs, from the first half of next year at the earliest, to cut costs as users decrease due to the spread of online banking, sources close to the matter said Wednesday. Under the plan, users with accounts at ...
