![Chairman of the Japanese Bankers Association apologizes for system failure; plans to proceed with downside verification | NHK Chairman of the Japanese Bankers Association apologizes for system failure; plans to proceed with downside verification | NHK](https://www3.nhk.or.jp/news/html/20231019/K10014230901_2310191913_1019192939_01_02.jpg)
Katsuhiko Kato, chairman of the Japanese Bankers Association, apologized for the delay in processing greater than 5 million transactions on account of a failure within the system operated by a associated group, and introduced that the group working the system could be tasked with making a process power. He introduced his intention to ascertain a brand new system and proceed with verifying the issue.