A disruption to DBS Bank’s digital banking and ATM services on Friday and an earlier widespread disruption on March 29 mean the additional capital requirement it must set aside now stands at about $1.
Me & My Money: Why finance exec prefers to rent a home
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Singapore’s central bank imposes additional capital requirement of RM5.35bil on DBS Bank
The Monetary Authority of Singapore on Friday imposed additional capital requirement on DBS Bank, the banking arm of the country's largest lender DBS Group, following the disruption of its banking ...
DBS CEO, previously embarrassed by disruptions in March, apologises for May outage
DBS and POSB Bank customers in Singapore experienced service disruptions on 5 May, marking the second major outage in two months. Many were unable to access online and mobile banking services, and ...
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DBS ordered to set aside regulatory capital totalling $1.6b after repeated disruptions: MAS
A disruption to DBS Bank’s digital banking and ATM services on Friday and an earlier widespread disruption on March 29 means the additional capital requirement it must set aside now stands at about $1 ...
MAS ups DBS’ additional capital requirement to S$1.6 billion after successive disruptions
SINGAPORE: The Monetary Authority of Singapore (MAS) has imposed an additional capital requirement on DBS Bank in the wake of two successive service disruptions in the space of just over a month. Onli ...
Why are US banks wobbling and how might this impact Singapore?
SINGAPORE - US regional banking stocks declined on Thursday despite reassurances from Federal Reserve chair Jerome Powell that the country’s banking system is “sound and resilient”, and that Monday’s ...
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DBS digital banking services disrupted for second time in under 2 months; ATMs also affected
SINGAPORE: DBS online banking and payment services were disrupted on Friday (May 5) for the second time in less than two months. Customers reported difficulties logging in to DBS/POSB digital banking, ...
DBS digibank services, including Paylah! disrupted again; second time in 2 months
Thousands of DBS Bank customers in Singapore on Friday (May 5) said they were unable to use DBS digibank online and mobile services for about an hour from around 12.30pm.DBS’ digital banking services, ...
DBS, POSB experience third banking service disruption in two years
DBS and POSB banking services faced a 45-minute disruption due to high traffic on 5 May. This is the second service disruption in two months and third in two years.
DBS online services down for nearly an hour; second disruption in under 2 months
Complaints on the website Downdetector, which tracks outages, saw a surge in complaints about DBS at 12.45pm. There were more than 2,000 reports from DBS bank customers on the website. At 1pm, a total ...