Banks to charge from S$0.75 to S$3 for use of Singdollar cheques from Nov 1
But most banks will be waiving the fees for customers aged above 60 temporarily until end-2025 to ease the transition to digital payments.
Source: channelnewsasia.com
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DBS, Citi outage: MAS orders banks to conduct thorough investigation, supervisory actions to follow
MAS also said customers can benefit from having alternative payment providers and carrying some cash as a contingency.
Source: channelnewsasia.com
Commentary: When it comes to bank outages, convenience favours the prepared
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.
Source: channelnewsasia.com
'I carried around my piggy bank', says customer during DBS, Citibank service outage, Latest Singapore News
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
Source: straitstimes.com
DBS, Citi outages caused by cooling system 'technical issue' at data centre
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.
Source: channelnewsasia.com