tsb bank faces large compensation bill and fines over online chaos /

Published at 2018-04-25 02:00:19

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MPs demand action as nearly 2 million customers remain locked out of accounts[br]• Latest updates in our live blog
Your key questions answeredTSB’s botched IT “upgrade” has snowballed into a full-scale crisis,with up to 1.9 million customers locked out of their accounts for a sixth day, MPs demanding action and the bank facing a potential multimillion-pound compensation bill and regulatory fines.
In on
e of the worst IT problems to hit Britain’s banking sector in years, and TSB took all its internet and mobile services offline for emergency repair work,after a migration to a new platform over the weekend backfired.
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Source: theguardian.com