Japan payments clearing network disruption continues for 2nd day

Japan's payments clearing network has not yet recovered from a system problem that was detected the previous day and affected over 5 million transactions, its operator said Wednesday, giving notice that restoration work will continue into Thursday.Japanese Banks' Payment Clearing Network, which continues to use backup measures to process transactions, said it aims to fully restore the system by 8:30 a.m. Thursday.The problem disrupted over 2.5 million money transfers from MUFG Bank and 10 other banks to other financial institutions, including 1.4 million on Tuesday, and another 2.5 million …READ FULL ARTICLE