Major UK financial regulatory bodies put out a policy summary to prevent tech problems in banking:
at US payments company TSYS — left customers of several UK banks, including RBS and Tesco Bank, unable to pay bills or access their account information.
As regulators pay more attention to outages and hold FI's more responsible, the consequences of suffering an outage may become even graver. Outages — especially ones that occur at critical times like Black Friday — are already serious problems for banks. A critical consequence is that they anger customers — who may become more amenable to switching banks — which can damage brands and require resources to fix.
However, now that regulatory bodies are stepping in, things may get more severe, as regulators could decide that failure to abide by the guidelines they have laid down should be punishable by fines and greater governmental scrutiny, adding new punitive dimensions to an already harrowing problem., Business Insider Intelligence's expert product suite tailored for today's decision-makers in the financial services industry, delivered to your inbox 6x a week.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Vodafone UK turns key operations over to digital - Business Insider - Business InsiderVodafone UK has reduced headcount in network operations centers thanks to the introduction of digital tools, like chatbots and automated networks.
Leer más »
Boris Johnson on course to defeat Jeremy Corbyn in UK general election - Business InsiderLabour had been gaining progressively in the polls until last week but recent polls suggest their momentum has stalled in the past week.
Leer más »
UK Music CEO Michael Dugher Stepping Down for Role at Gambling Trade OrgUK Music CEO Michael Dugher has announced that he's stepping down from the umbrella trade organization after almost three years at the helm.
Leer más »
Johnson under pressure ahead of final UK election TV debateBritish Prime Minister Boris Johnson is being accused of shirking tough questions about his character and record ahead of a televised election debate with opposition Labour Party leader Jeremy Corbyn.
Leer más »
UK general election poll tracker - Who is winning the race for 10 Downing Street?Our statistical analysis of polling shows how Britain’s political parties are faring in the general election campaign
Leer más »