A long-awaited date with her national serviceman boyfriend for Ms Nazrana Shaheen ended up being cut short, no thanks to a banking services disruption by DBS Bank and Citibank on Oct 14.
Excerpt
“While digital bank disruptions are not new, Fair Tech Institute’s Ms Lim said that the Oct 14 outage was ‘unusual’ as it impacted both the online and method-to-offline payments for some banks.
‘PayNow and credit card payments were offline, but what was disruptive was that ATMs — the route-to-cash — were also offline.’
Ms Lim said that the latest disruption demonstrated a ‘vulnerability that Singapore and our banks need to review and address’…” Read more on Today.
