Recently the news has come on the internet that customers of Singapore’s DBS Group Holdings Ltd. and Citigroup Inc. had been not able to access banking facilities for many hours after an issue at a data center used by the lenders. Since the news has come on the internet and it went viral on the social media platforms. Currently, this news has been gaining huge attention from people as many people are very curious to know about the whole information about the news. Here we have more information about the news and we will share it with you in this article.
As per the report, Payment services had been disrupted for many hours on Saturday, and the Monetary Authority of Singapore stated it was noted of the issue by the banks in the afternoon. Singapore Telecommunications Ltd. noted its engineers confirmed its networks had been working as normal after customers after clients had problems accessing social networking platforms and banking services. Some of the bank’s clients who had been outside Singapore stated on Facebook they were not able to utilize credit cards issued by the lenders or carry out online marketing. Scroll down to the next page for more information about the news.
Reportedly, incomplete inquiries show that the service disruptions were generated by an issue at a common data center that is used by the banks,” the MAS stated in a statement.”MAS is following up with the banks, as they work towards a full resumption of their services, and supply timely communications and support to affected consumers”. The new turmoil follows delays experienced by DBS clients the previous month in processing transactions on one of its payment services. You are on the right page for more information about the news, so please read the complete article.
As far as we know, In May, officials inflicted more elevated capital requirements on DBS, Singapore’s biggest lender, after glitches with its online services that the regulator called “unacceptable”. “Please be ensured that our systems have not been compromised, and your money and deposits will remain safe,” the bank said on its Facebook page on Saturday. The bank expressed the data center was used by diverse organizations. This news has been making the rounds on the internet. Here we have shared all the information that we had if we have any information then we will update you soon. Stay tuned to us for more updates.