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2-Day DBS Banking Shutdown Captures MAS Attention

2-Day DBS Banking Shutdown Captures MAS Attention
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MAS mulls supervisory action on DBS for tech outage

SINGAPORE - Singapore's central bank said on Wednesday (Nov 24) that it will consider taking "supervisory action" on DBS Group Holdings Ltd after the Singapore bank's online banking services faced disruption for the second consecutive day. "This is a serious disruption and the Monetary Authority of Singapore (MAS) expects DBS to conduct a thorough investigation to identify the root causes and.

Singapore DBS digital banking outage due to access control server issue; branch hours extended by two hours | Singapore

SINGAPORE, Nov 25 The lengthy disruption of DBS bank’s digital banking services since Tuesday morning (November 23) was caused by a problem with its access control server, its country head for Singapore said.  Speaking in a Facebook video yesterday, Shee Tse Koon apologised for.

MAS Mulls Supervisory Actions Following DBS Two-Days Service Disruption

MAS will consider appropriate supervisory actions after DBS Bank conducts an investigation following disruption of its digibanking services.

Singapore regulator promises action as DBS glitch locks out customers

Singapore's banking regulator is set take action against DBS Bank following a prolonged two-day outage that has prevented customers from logging into the bank's digital services.

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