Tag: ATM failure

“Free” cash flowing from Bank of Ireland ATMs
August 17, 2023 BY Elizabeth Anderson

“Free” cash flowing from Bank of Ireland ATMs

Photo and video footage on social media showed cars and people lining up outside ATMs in various locations, such as Dublin and Lisduggan, among others, to scoop some “free” cash. Images of police guarding various pay points also did the rounds. Reportedly, the bank’s online app experienced a glitch that let customers transfer non-existent funds…

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November 20, 2014 BY LeapRate Staff

FCA fines RBS, NatWest and Ulster Bank £42 million for IT failures

UK regulated financial services companies had better ensure that their IT systems work properly. Using the excuse 'it was a computer glitch' doesn't fly any more. UK financial regulator the Financial Conduct Authority (FCA) has today fined the Royal Bank of Scotland (NYSE:RBS), National Westminster Bank (NatWest) and Ulster Bank a total of £42 million (about…

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