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News is slow today for ERD on the net -
but I found that technology is not quite up to par with ATM's and banks either: I have tried to find, also on Japanese sites, who provides software and hardware for these banks in Japan, but of course could not. But that just does not matter, whether it's Diebold, Hitachi or any other company.
On May 9, Citibank Japan had major problems and on May 13 Bank of Tokyo-Mitsubishi followed a similar fate. Of course, computers handle massive data at once - so errors are compounded.
Who do we trust with something as important as elections?
Glitch Causes Woes at World's Biggest Bank By Associated Press Published May 13, 2006, 2:22 AM CDT
TOKYO -- A computer system glitch caused ATM troubles at the Bank of Tokyo-Mitsubishi UFJ affecting transactions early Saturday.
The trouble began at around 1:17 a.m. Saturday rejecting online and ATM transactions, but the glitch has been fixed by around 9 a.m., the world's largest bank said in a statement.
It said that a hard-disk trouble of the company's host computer may have caused the problem, but the company is still investigating.
Kyodo News agency said that the trouble affected some 21,000 ATMs -- 2,000 at bank branches and 19,000 installed at convenience stores -- and the bank received about 3,600 reports in which users said they were unable to withdraw cash.
The bank debuted in January as the world's biggest bank by assets following the merger between Mitsubishi Tokyo Financial Group Inc. and UFJ Holdings Inc.
and
Citibank Glitch Misplaces Transactions
(AP) - TOKYO-A computer glitch at Japanese branches of Citibank caused 274,800 misplaced bank transactions over the past week and Citibank is working to fix the errors, the company said.
The problem affected transactions made between May 2 and May 8. In some cases, the transactions were double-booked against accounts, while in others the transactions were processed but not reflected in statements, Citibank said Tuesday in a statement.
"Currently, Citibank is working diligently to recover the effects of this incident in a timely manner," said the company, a division of Citigroup Inc., the world's largest bank. "The bank is taking necessary measures to prevent future occurrence."
The glitch affected yen savings accounts, U.S. dollar savings accounts, checking accounts, international loan cards and money advances. Citibank said it was still investigating the cause of the incident.
2006-05-09T23:51:01Z
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