Network gremlins dog SIX Group

Network gremlins dog SIX Group

Bank-owned SIX Group continues to struggle with a network services gremlin that hit payments services in Switzerland Monday.

SIX operates the infrastructure underpinning the Swiss financial sector, including securities trading and settlement, financial information and payment transactions.

The company is currently overseeing the country's mass-migration to contactless debit cards and the introduction of national mobile P2P service Paymit.

The network outages first appeared Monday morning, affecting a number of services in the group's payments processing unit, including ATM withdrawals.

In a statement today, the group says issues affecting cashless payment transactions are expected to continue throughout the day as it works to resolve the issues.

"Though various services from different divisions have been affected, the processing of card payments has been particularly affected," the statement continues. "It is possible that certain services may not be available today in the way we would wish them to be. We regret this situation and continue to focus our efforts on resolving the issues."

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