Mitsubishi UFJ Trust and Banking Corp. said Wednesday it has experienced a system failure, forcing a halt to all automated teller machines, online banking and some other services. The system was restored by early Wednesday afternoon, according to the trust bank, a unit of Mitsubishi ...
Demand for mobile banks, or vehicles offering an ATM, as well as over-the-counter and other financial services, is growing in Japan following a recent series of natural disasters, while high introduction costs are a challenge to their implementation. The vehicles are increasingly important in order ...
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 ...
Industry ministry report urges Japan to shed custom of cash dependence
A report said more cashless payments could help ease the country’s labor shortage and benefit foreign tourists.
In Japan's remote areas, banks may soon pay visits to customers with mobile ATM vans
An increasing number of regional banks in Japan are introducing automated teller machines mounted on vehicles to cater mainly to elderly people living in remote areas with no bank-run ATMs. Shimane Shinkin Bank in Shimane Prefecture plans to introduce an ATM van as early as ...
Criminals who stole millions of dollars from automatic teller machines across Japan in a three-hour spree probably chose the country because banks consider it a low fraud risk, security experts say. The gang used counterfeit Standard Bank credit cards to withdraw ¥1.4 billion in 14,000 ...
Convenience store giant Lawson eyes entering banking business
Lawson Inc. sets up a new lender with Bank of Tokyo-Mitsubishi UFJ as the convenience store chain prepares to make a foray into banking.
Seven Bank to offer 12 languages at ATMs for overseas-issued cards
Seven Bank is set to triple the number of languages available at its ATMs for foreign issued cards, in a nod to the growing number of people visiting in Japan. The bank, a unit of major retailer Seven & I Holdings, said Tuesday that offering ...
Seven Bank has unveiled a mobile automated teller machine that enables people to withdraw or deposit money in the event regular ATMs are rendered useless in a disaster. The mobile ATM is loaded on a vehicle that has been converted from a small truck. It ...
The first ATM and the construction of modern buildings and trendy restaurants are exciting signs of growth for those living in Somalia's capital. That is, if you have money. Even as war-torn Mogadishu makes strides forward, thousands of residents are facing the prospect of severe ...
Thai police said Tuesday they have detained a Thai woman and her husband in the disappearance of a 79-year-old Japanese man in Bangkok. The police quoted the husband, also a Thai, as saying the Japanese, Yoshinori Shimato, died of a heart attack after going to ...
Swindlers continue to scam the elderly out of their savings
Recently, my partner renewed her drivers license and was waiting in line to pay her fee. The clerk asked the elderly man waiting in front of her if he wanted to join the Japan Traffic Safety Association for an additional fee. She rattled off ...
