DBS and POSB customers faced login issues and disruptions with digital services - Find out more here!
DBS and POSB customers experienced temporary disruptions with their internet and mobile banking services recently. The services returned to normal after a few hours, with users unable to access their accounts and utilize DBS PayLah! during the outage. This incident occurred just days after DBS reported a record net profit, showcasing the challenges of maintaining seamless digital banking operations.
Despite the disruptions, DBS quickly identified the issue and implemented measures to recover the services promptly. The incident took place shortly after the Monetary Authority of Singapore lifted a six-month ban on non-essential activities, adding a layer of intrigue to the situation.
The interruption in DBS and POSB digital services highlighted the importance of robust IT infrastructure in the banking sector. Customers relying on internet banking and mobile apps faced inconvenience, emphasizing the critical role of digital banking in today's financial landscape. The incident serves as a reminder of the need for continuous monitoring and quick response to technical issues in the digital realm.
In conclusion, the swift restoration of services by DBS and POSB underscores the banks' commitment to providing seamless digital experiences for their customers. The disruptions, occurring shortly after significant financial milestones, showcase the challenges and complexities in maintaining a secure and reliable digital banking environment.
DBS and POSB digibank online and mobile services returned to normal at 7.37pm and 7.41pm respectively, the bank said in an update. Services on DBS PayLah!
Users faced issues logging into their bank accounts online and on their apps, and using PayLah!. Read more at straitstimes.com.
DBS customers appeared to have issues logging into the bank's Digibank and PayLah! apps on Thursday (May 2).
"We have identified the issue and have activated measures to recover the services," said the bank. "You can continue to use your DBS/POSB credit or debit cards ...
The evening disruption comes just hours after DBS announced yet another record net profit of $2.96 billion for 1QFY2024.
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The latest outage has raised concerns about the stability of the bank's digital infrastructure.
DBS and POSB customers were hit with e-banking disruptions on Thursday (2 May), the issue has since been resolved.