DBS Digital Banking Services Restored After 10-Hour Outage
- Lender monitoring the situation after services restored
- DBS had to set aside more capital after 2021 service outage
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DBS Group Holdings Ltd.’s digital banking and payment services were restored after an outage that lasted about 10 hours, in a throwback to more than a year ago when Southeast Asia’s biggest bank faced one of its worst tech outages.
“DBS/POSB digibank mobile and online, DBS PayLah! and DBS mTrading services have returned to normal” as of 5:45 p.m. on Wednesday in Singapore, the lender said in a statement. The bank is closely monitoring the situation, it said, without giving more details.