Live Breaking News & Updates on Japanese bank payment clearing network

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Honda and GM to launch driverless taxis in Japan

Honda Motor on Thursday said it will start a driverless taxi service in Japan in partnership with General Motors. The automakers along with GM's self-driving service subsidiary will form a joint venture in 2024 and launch the taxi service in 2026 in central Tokyo.

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Customers to be compensated for Japan payments clearing system glitch

Zengin-Net, the system’s operator, said member banks will reimburse customers for extra fees and penalties incurred.

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Backup system failure caused Japan payments clearing network glitch

A disruption to Japan's payments clearing network last week was caused by a failure in backup measures, its operator says, while acknowledging that the issue has "shaken trust" in the entire clearing system.

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Customers to be compensated for bank payments clearing system glitch

Customers affected by a system failure hitting Japan's payments clearing network last week will be compensated by their financial institutions for any charges incurred due to the service disruption, its operator said Wednesday. The compensation will cover fees including transfer cancellations, late payments, and any overdraft fees charged on accounts…

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Japan's payments clearing network restored after 2-day malfunction

Japan's payments clearing network restored after 2-day malfunction
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Japan's banking regulator to order report on glitch from network operator

Japan's banking regulator to order report on glitch from network operator
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2-Day Japan bank system failure resolved; 5 million bank transactions affected

2-Day Japan bank system failure resolved; 5 million bank transactions affected Asia News Network (ANN) is the leading regional alliance of news titles striving to bring the region closer, through an active sharing of editorial content on happenings in the region.

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Japan Bank Fund Transfer System Restored After Two-Day Glitch

Japan Bank Fund Transfer System Restored After Two-Day Glitch
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Japan payment clearing network restored after two-day disruption

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

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