Japan's payments clearing network restored after 2-day malfunction

TOKYO, Oct. 12 (Xinhua) -- Japan's payments clearing network was fully restored Thursday morning following a two-day malfunction that had disrupted transactions at 11 banks nationwide, the operator said.

The system glitch with the Japanese Banks' Payment Clearing Network, or Zengin System, first occurred on Tuesday morning when a problem in the computer system relaying transaction data between financial institutions and the clearing network was detected.