Yesterday some banks suffered from an IT failure that meant many customers were unable to access their bank accounts, or receive their monthly salary...
And of course, given the banks have removed for many the chance to pop over to their local branch to find out what the problem is, this reinforces concerns about the closure of branch banking.
Its cheaper for the banks, but for customers it leaves them exposed to the (all too often) 'IT glitch'!
#banks #technology
https://www.theguardian.com/business/2025/feb/28/lloyds-nationwide-tsb-halifax-bank-of-scotland-online-banking-problems
And of course, given the banks have removed for many the chance to pop over to their local branch to find out what the problem is, this reinforces concerns about the closure of branch banking.
Its cheaper for the banks, but for customers it leaves them exposed to the (all too often) 'IT glitch'!
#banks #technology
https://www.theguardian.com/business/2025/feb/28/lloyds-nationwide-tsb-halifax-bank-of-scotland-online-banking-problems
