Thailand faces nationwide banking disruption as three major banks announce system outages

BANGKOK: A significant banking disruption is set to affect millions across Thailand as three of the nation's largest financial institutions – Krungthai Bank, the Government Savings Bank (GSB), and Siam Commercial Bank (SCB) – announce widespread system maintenance over the coming days. The planned outages will render core banking services, including mobile applications, credit card transactions,...

More than 110 suspicious S’pore bank accounts with over S$400k blocked by UOB or seized by police

SINGAPORE: More than 110 suspicious bank accounts with over S$400,000 were blocked by UOB or seized by the police in a joint operation targeting money mules. The operation was conducted by the bank and officers from the Anti-Scam Centre (ASC) from June 17 to 24, the police said in a statement on Thursday (June 27). The...

They heard us: Dr Wee hails netizens’ efforts after banks put off DuitNow QR fees

KUALA LUMPUR: Praising the efforts of netizens, MCA president Datuk Seri Dr Wee Ka Siong says their voices have been heard regarding the impending DuitNow QR transaction fees. "Well done, my netizen friends. "Our voices continue to achieve the desired effect to keep the fees from being pushed onto the public. "CIMB Bank has announced that it will...