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Banks

Titan Atlas | Britain’s Banks Need IT Investment Now | Blunders

The succession of IT blunders that have prompted the recommendations make depressing reading, and the sheer number and frequency appear to make s strong case for IT investment now. The high profile banking IT blunders of recent years include:

  • June 2012: An IT failure at RBS, NatWest and Ulster Bank locked customers out of their accounts for days (weeks for Ulster Bank customers).
  • March 2013: A system failure at NatWest left millions of customers temporarily unable to withdraw cash or… Continue reading

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