WebDec 20, 2024 · Published: 20 Dec 2024 14:45. TSB has been fined £48.65m by UK finance regulators for failures that led to an IT meltdown during the migration of millions of … Web13 hours ago · The Main Migration Event took place over the weekend of 20 to 22 April 2024, and almost immediately TSB encountered serious and well publicised issues, including failures with online, telephone and mobile banking services, branch technology failures, and consequential issues with payment and debit card transactions (albeit the underlying …
British bank TSB fined 48.7 million pounds over botched IT …
Web20 hours ago · TSB’s former chief information officer, Carlos Abarca, has been fined £81,620 for failing to adequately manage an IT migration that caused widespread disruption for … Web1 day ago · News release. The Prudential Regulation Authority (PRA) has fined Mr Carlos Abarca, the former Chief Information Officer (CIO) of TSB Bank plc (TSB), £81,620 for … floppa shirt template
Ex-CIO must pay £81k over Total Shambles Bank migration
WebHe did not respond to requests for comment. A spokeswoman for TSB declined to comment on the fine levied on Abarca. Related articles. TSB fined £50m over IT systems crash. December 21 2024, 12.01am. WebDec 20, 2024 · TSB has been fined £48.65m by regulators for "operational resilience failings" related to its massive IT meltdown in 2024 that effectively blocked millions of customers … Web20 hours ago · TSB’s former chief information officer, Carlos Abarca, has been fined £81,620 for failing to adequately manage an IT migration that caused widespread disruption for millions of customers. The fine, imposed by the Bank of England’s supervisory arm, the Prudential Regulation Authority, is a pointed attempt at making the banks’ senior … great rett shootout