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DBS Bank in Singapore Plunges Three Hours After National Bank of Singapore Lifts Ban

Posted byby
9 months ago
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Today, the online banking service of Singapore’s DBS Bank collapsed around 5 pm Thai time and was rectified within 3 hours. This issue arose following the Monetary Authority of Singapore...

Singapore’s National Bank, DBS, Removes Lock on Banking System; Bank’s Financial Database Crumbles but Still Holds Punitive Fund 1.8 Times Over

Posted byby
9 months ago
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The Monetary Authority of Singapore (MAS) has imposed sanctions on DBS Bank, which was ordered to halt its online banking system to address the issue of online banking crashes at...

Financial Sanction Imposed on DBS, the National Bank of Singapore: Prohibition on New Ventures, Branch Closures, ATM Reductions, and IT System Feature Enhancements Barred

Posted byby
1 year ago
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The Monetary Authority of Singapore (MAS) has imposed penalties on DBS Bank for its online system issues earlier this year. The new measures involve locking the entire system of the...