Japan’s Mizuho Financial Group claims an ATM defect!

On Monday, Mizuho Financial Group’s (8411.T) major banking unit stated its automated teller machines (ATMs) in numerous parts of Japan were disrupted by a system fault.

The problem follows a major outage on Friday when Mizho’s branches across the country were unable to process transactions, as well as a spate of other recent technology troubles.

According to the bank, the newest issue, which impacted about 130 ATMs, occurred about lunchtime (0300 GMT) and was mostly addressed by 1:30 p.m.

Mizuho Financial Group’s forerunners include Dai–Ichi Bank (Dai–Ichi Kangyo Bank), Yasuda Bank (Fuji Bank), and the Industrial Bank of Japan. These financial institutions began assisting in the creation and restoration of Japan in the early modern and post–World War II periods in 1873, establishing the framework for Japan’s financial leadership in the twenty-first century. Dai–Ichi Kangyo Bank, Fuji Bank, and the Industrial Bank of Japan merged in 2002 to establish the Mizuho Financial Group. Since then, Mizuho has expanded its network throughout Asia and the rest of the world, owing to a consistent commitment to client service, innovation, teamwork, speed, and passion.

Source: Reuters