“RBS and its retail banking unit Netwest’s online systems and debit cards failed on Monday evening as customers were unable to process payments on one of the busiest online shopping days called the ‘Cyber Monday’. Millions of customers across the United Kingdom were unable to withdraw cash, pay for goods or use telephone and online banking services. RBS, which is 82 percent owned by the UK government, faced a probe by the Financial Conduct Authority in April when technology failure left customers unable to avail the bank’s card and online services. A software upgrade gone wrong also led to similar problems for RBS’ customers in June 2012.”
http://www.businessinsider.com/rbs-outage-leaves-customers-cashless-2013-12
Related posts:
Warren Buffett plans $2 billion a year Australian spending spree
Looters ransack Baghdad museum [2003]
Army plans switch to ‘green’ bullets containing copper
Treasury's Lew: Congress Needs to Pass Debt Limit
Concern over NSA privacy violations unites Democrats and Republicans, poll finds
Japanese university to retract Novartis study based on fabricated data
Bitcoin facing bank backlash in Canada too
'A tide of squatters’ spreads in Spain in wake of foreclosures
It's the law: Washington state lawmakers don't get speeding tickets
Glenn Greenwald exposes Obama surveillance to CNN
It is capitalism, not democracy, that the Arab world needs most
Prague sends aid package to Texas blast town in honor of shared Czech heritage
Ben Bernanke Joins Hedge Fund Citadel as an Adviser
Thousands of hungry and scared Syrian refugees enter Iraq
Starting an online store in Greece is no easy business