Page 11 - Dbs News Today

But most banks will be waiving the fees for customers aged above 60 temporarily until end-2025 to ease the transition to digital payments.

MAS also said customers can benefit from having alternative payment providers and carrying some cash as a contingency. 

Frustration ran high after DBS and Citi online banking and payment services went offline last weekend. Cherie Tseng, Chief Operating Officer of Secur Solutions Group, looks at how bank users can be better prepared for such disruptions.

Singapore News - Administrative officer Anderson Tan had a silver tin in her hand whenever she went out to buy something last Saturday evening and on Sunday. Roughly the size of a Carnation milk tin, the container is her piggy bank, and she drew looks and smiles when she dug out money from... Read more at www.tnp.sg

The technical issue with the chilled water system happened during a planned system upgrade at one of Equinix's data centres, raising the temperature in some of the halls and affecting operations. 

Singapore News - DBS Bank said all of its banking services had resumed on Sunday morning, after hours of disruption that began on... Read more at www.tnp.sg

DBS said it will update customers on the status of transactions that were interrupted during the disruption.

SINGAPORE — DBS and Citibank said that their banking services were back to normal on Sunday (Oct 15) after an outage hit both banks on Saturday afternoon. 

DBS says its systems are "uncompromised" and apologised for the outages.

DBS reopened branches and says it expects to "progressively restore services" from 7pm on Saturday.