Singapore's MAS asks DBS to identify reasons for disruptions, The Strait Times reports


FILE PHOTO: A view of the Monetary Authority of Singapore's headquarters in Singapore June 28, 2017. Picture taken June 28, 2017. REUTERS/Darren Whiteside/File Photo

SINGAPORE's central bank is following up with DBS Bank, the banking arm of DBS Group, to identify the root cause of recent disruptions to its internet banking and payment services and address it effectively, The Strait Times reported.

Last week, DBS Group said its online and mobile banking services had returned to normal after suffering issues for more than an hour on May 2.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
MAS , DBS , internet , finance , disruption

Next In Business News

Reading the market signals
Urban harmony: Can stakeholders row together?
Breathing new life into forgotten spaces
FROM BANGSAR TO BEYOND
Asia to lead next AI wave
Luxury real estate trends in 2026
China’s gold rush continues
SC Estate Builder’s hotel acquisition under scrutiny
Department stores bet on experiences
Jakarta set to rise

Others Also Read