Society | Jul 22

Plight of 'Mizuho refugees' stirs debate on banking services in Japan

Jul 22 (Japan Times) - Imagine wrapping up a tough work week and jumping into a three-day weekend and find out the whole ATM system is down until the following Tuesday.

That was reality over the Marine Day holiday weekend, at least for those using Mizuho Bank. Mizuho Financial Group Inc., the parent of Mizuho Bank and one of the country’s largest financial institutions, halted ATM and online banking services over those three days to conduct data transfers. This move left many without a way to withdraw funds. Other banks, including Prestia, also limited service, but Mizuho attracted significant online attention.

Luckily for them, social media never shuts down, offering a place to commiserate with others and complain about Japan’s cash-centric society, which continues to persist in 2018. So many people ended up affected that a popular buzzword emerged online — “Mizuho nanmin” (“Mizuho refugees”), which spread across Twitter and other social network platforms. It was an episode of inconvenience that showed how internet users in Japan gripe, and a rare moment when many voices came together around a shared topic to vent.

Like most viral frustrations in 2018, Mizuho did offer plenty of advance warning on this one. The bank’s website laid this info out along with future dates where services will be shut down (make your notes now). It was also advertised on TV and on trains across the country, but it could be understandable that someone could miss the spot airing and, uh, not pay attention during their commute. Mizuho also sent plenty of emails and letters announcing the news to users, however. My sources for this? My inbox, both digital and physical.


MORE Society NEWS

Princess Aiko, the eldest daughter of the Emperor and Empress, made her first solo visit to the tombs of the Showa Emperor and Empress Kojun on Thursday, to report her graduation from Gakushuin University and her new employment at the Japanese Red Cross.

There have been multiple reports of a mysterious black animal in downtown Tokyo, with the enigmatic creature captured on video looking around nervously before noticing the camera and staring it down for about 15 seconds, then running away.

A former host admitted to knowingly receiving approximately 25 million yen that had been deceitfully obtained by convicted scammer "Riri-chan," in a trial held on April 23.

POPULAR NEWS

The Cabinet Office's Government Public Relations Office recently stirred controversy with a social media post showcasing an overly lavish depiction of school lunches, leading to a public outcry over the authenticity of the meals presented.

Tokyo's Shinagawa district welcomes a new landmark with the grand opening of the Gotanda JP Building on Friday, April 26, featuring a dog-friendly hotel by Hoshino Resort, co-working spaces, and a vibrant culinary scene.

Starting this Saturday, 'SusHi Tech Tokyo 2024' begins a month-long showcase of Japan's advanced technologies, featuring attractions such as self-driving carts styled as futuristic floats and projection mapping installations, all available to the public for free.

Japanese company Smile-Up, the former talent agency known as Johnny & Associates, says it has sent a letter of protest to Britain's public broadcaster BBC over its program on sexual abuse by its late founder. (NHK)

A private organization has revealed that approximately 40% of the national municipalities, totaling 744, could potentially disappear by 2050 due to declining populations.

FOLLOW US