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It appears they had a problem also with their desaster recovery plan as well. I wonder who their core processor is? or the software system they are using? I sure hope they are able to get things moving again before it causes to much damage to the bank. I also hope their customer base is forgiving - we depend on technology so much these days that we always expect it to run perfectly 100% of the time and we forget that it too can break down - just like our autos do!
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Mete Feridun Chair at EMU Centre for Financial Regulation and Risk
22 October
Alex Kreger Founder and CEO at UXDA Financial UX Design
21 October
Robert Kraal Co-founder and CBDO at Silverflow
20 October
Stanley Epstein Associate at Citadel Advantage Group
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