Banks bid legacy tech farewell as they sail to the cloud – but now all that infrastructure is in hands of the big three
TSB was fined £29.8 million by the FCA and £18.9 million by the PRA. Without the 30 percent discount resulting from cooperating with the authorities, the fines would have totaled £69.5 million .
raise a glass to that
I pity the IT PM of this project. projectmanagement
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TSB fined £48m for 'failings' related to massive IT meltdown in 2018The bank says it has transformed its business since the self-inflicted PR disaster of April 2018 when a transfer of customer data to new systems went spectacularly wrong, with disruption lasting months for some customers. TheSquareBall hope you recover lads … now that is what you call swift justice, just had enough time to fleece their customers enour to pay the fine. Who is the fine paid to and what happens to the money?
Source: SkyNews - 🏆 35. / 67 Read more »
TSB fined £49m over IT banking chaosThe bank is has been fined for an IT meltdown in 2018 that left customers unable to access accounts. One rule for them and ….. Out of interest where dose all that money go,who gets the £49m ? What, they're still about Ain't seen a TSB in years.
Source: BBCNews - 🏆 3. / 97 Read more »
Building firms going bust at fastest rate since financial crisisThe construction sector, which makes up 7% of the economy, is driving overall insolvencies to a 13-year high, according to data from the Insolvency Service. Amazing considering what they are building is extortionately priced. rwang0 Sky talking rubbish again Good! Maybe some decent builders will get a chance at making quality homes instead of cardboard boxes
Source: SkyNews - 🏆 35. / 67 Read more »
Fractured markets: the big threats to the financial systemInterest rates are rising; easy money is over; the cracks are showing. UK pensions were the first big explosion. FT experts and financial industry insiders examine where the next big threats to the global financial system lie and explain why when the tide goes out, we can see who is swimming naked System of God Centralized pyramidal structure IP numbers obtained from the eye 1984
Source: FT - 🏆 113. / 51 Read more »
Rotherham: Financial abuse and exploitation service launchedThe scheme in Rotherham will include an investigator to look at cases of criminal exploitation. Do much corruption at the Authority. Shut the blasted place down and start again. Great. Always wanted to know how to financially abuse someone. Must make an appointment. Not keen on the exploitation bit... Your headline needs a re-write.
Source: BBCLookNorth - 🏆 37. / 67 Read more »
Adam Thomas speaks honestly about financial struggles after Emmerdale exitAdam Thomas will soon be back on our screens as Donte Charles in BBC drama Waterloo Road
Source: leedslivenews - 🏆 118. / 51 Read more »