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Zengin Net “Financial institutions will compensate for additional burden due to system failure” | NHK

Zengin Net “Financial institutions will compensate for additional burden due to system failure” | NHK

An issue occurred within the remittance system between monetary establishments, leading to delays within the processing of greater than 5 million transactions.The Zengin-Net (National Bank Fund Settlement Network), which operates the system, was unable to simply accept funds from people or companies as a result of outage. has introduced that its member monetary establishments will compensate for the extra prices incurred.

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