A man types on a computer keyboard in this illustration picture February 28, 2013. REUTERS/Kacper Pempel/Illustration/File Photo
LONDON: British lawmakers launched an inquiry on Nov 23 into computer systems failures at financial services firms, after a number of outages in recent months left millions of customers unable to access their money or make vital payments.
The cross-party Treasury Committee of lawmakers said it will examine how financial firms are trying to guard against IT failings and whether regulators have the skills and powers to hold them to account when customers lose out.
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