Challenger bank TSB is to open a dedicated IT centre as part of its drive towards digital banking.
Blog Category: Technology
Millions of people could be owed millions of pounds in an emerging scandal over mobile phone charges.
Cyber experts are warning consumers about a spoof mobile phone program which can steal your log-in details.
Thousands of TSB customers were left without access to their wages when the bank’s computer system crashed again.
The IT meltdown which locked 1.9 million TSB customers out of their accounts last year could have been prevented if the system was properly tested.
A powerful Commons committee has condemned the frequency of UK bank IT crashes as ‘unacceptable’.
The Financial Conduct Authority (FCA) has fined Carphone Warehouse £29 million for mis-selling mobile phone insurance.
Challenger bank TSB has revealed that last year’s disastrous IT meltdown cost it £330.2 million and lost it 80,000 customers.
New research predicts that a quarter of all Brits will have a digital-only bank account within the next five years.
TSB has lost more than 16,000 customers following the IT meltdown which locked customers out of their accounts for weeks earlier this year.