DBS

2024 - 5 - 3

DBS Internet Banking Services Experience Temporary Disruptions

DBS - digital services - financial sector - Intercontinental Exchange - internet banking - NYSE - POSB

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.

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Image courtesy of "CNA"

DBS, POSB internet banking services restored after hours-long ... (CNA)

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!

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Image courtesy of "The Straits Times"

DBS and POSB digital banking services restored after disruption ... (The Straits Times)

Users faced issues logging into their bank accounts online and on their apps, and using PayLah!. Read more at straitstimes.com.

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Image courtesy of "The Business Times"

DBS customers unable to login to Digibank, PayLah! on Thursday (The Business Times)

DBS customers appeared to have issues logging into the bank's Digibank and PayLah! apps on Thursday (May 2).

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Image courtesy of "TODAY"

DBS, POSB internet banking services down for some users (TODAY)

"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 ...

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Image courtesy of "The Edge Singapore"

DBS, POSB internet banking services down for some, two days after ... (The Edge Singapore)

The evening disruption comes just hours after DBS announced yet another record net profit of $2.96 billion for 1QFY2024.

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Image courtesy of "The Star Online"

Singapore DBS's digital services hit days after MAS ban ends (The Star Online)

Singapore's DBS Bank Ltd reported disruptions to its Internet banking and payment services on May 2, days after a six-month action by the central bank over ...

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Image courtesy of "South China Morning Post"

Singapore DBS' digital services disrupted days after central bank ... (South China Morning Post)

The outages came two days after Singapore's financial regulator announced an end to the six-month ban on non-essential activities it had imposed on the ...

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Image courtesy of "The Business Times"

NYSE-parent ICE's revenue misses as muted IPO markets offset ... (The Business Times)

INTERCONTINENTAL Exchange (ICE) reported first-quarter revenue slightly below estimates on Thursday (May 2) as an uneven recovery in US initial public ...

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Image courtesy of "The Business Times"

Stocks to watch: DBS, KIT, Clint, Elite Commercial Reit (The Business Times)

THE following companies saw new developments that may affect trading of their securities on Friday (May 3):

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Image courtesy of "GlobalCapital"

DBS attracts largest ever Singaporean sterling covered book (GlobalCapital)

DBS Bank priced its first sterling covered bond of the year on Thursday, raising ยฃ1bn with a May 2027 floating rate note. Leads BMO Capital Markets, DBS, ...

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Image courtesy of "The Independent"

DBS hit with yet another service outage, just 2 days after MAS ban ... (The Independent)

The latest outage has raised concerns about the stability of the bank's digital infrastructure.

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Image courtesy of "Must Share News"

DBS & POSB users faced e-banking disruptions on 2 May evening ... (Must Share News)

DBS and POSB customers were hit with e-banking disruptions on Thursday (2 May), the issue has since been resolved.

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