A glitch in Japan's payments clearing system affects 11 institutions

The operator of Japan's payments clearing network reported on Tuesday that the system had experienced a glitch, which caused some clients of 11 different banks, including MUFG Bank, to experience issues with their ability to transfer funds.

According to the Payment Clearing Network of Japanese Banks, it is currently unknown what went wrong and when the issue will be resolved. Since the network was initially established in 1973, t....