UPDATE - Minor Banking Glitches

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[Fair use for education and research purpose only]

Title: Banking Glitches Source: The Evening Post

Publication date: 2000-04-27

Computer glitches at banks today were causing customers problems but they did not appear to be related or systemic. BNZ, ANZ and WestpacTrust all reported some probems, mainly it seems because of the large number of transactions to be processed after the long weekend.

Publication date: 2000-04-27 ) 2000, YellowBrix, Inc.

http://realcities.yellowbrix.com/pages/realcities/Story.nsp?story_id=10232836&site=charlotte&ID=realcities&scategory=Computers

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-- (Dee360Degree@aol.com), April 28, 2000

Answers

[Fair use for education and research purpose only]

Computer glitches hit banks, causing customers problems Source: Waikato Times Publication date: 2000-04-27

Computer glitches at banks today were causing customers problems but they did not appear to be related or systemic. Bank of New Zealand (BNZ) spokeswoman Sarah Hensley said the bank had experienced some problems overnight, and its own staff had not been paid.

However, the problems were minor "in the scheme of things" and were expected to be fixed by lunchtime today, Ms Hensley said.

The problems had affected BNZ's business banking section and did not seem to have interfered with automatic teller machines or Eftpos systems, she said.

It was not known what had caused the glitches.

ANZ Bank spokeswoman said that the bank had experienced some minor problems due to the heavy volume of transactions it had had to process following the five-day Easter holiday.

ANZ customers were unable to get their transactions records today but could carry out transactions normally. Separately, ANZ's telephone banking operation had crashed due to unrelated glitches.

The spokeswoman expected the phone banking system to be fixed later this morning and customers should be able to get their transaction records tomorrow.

A Reserve Bank spokesman said the central bank was unaware of any problems.

Similarly, a spokeswoman for EDS, which took over the old cheque and bank transaction company, Databank, said her company was not aware of any problems.

WestpacTrust also reported problems overnight, due to the large number of transactions to be processed after the long weekend, bank spokesman Peter Thornbury said.

The backlog meant information transferred between banks took two or three hours longer than usual to arrive, but the processing delays had now been cleared up, Mr Thornbury said. -- NZPA

Supplied by New Zealand Press Association

Publication date: 2000-04-27 ) 2000, YellowBrix, Inc. http://realcities.yellowbrix.com/pages/realcities/Story.nsp? story_id=10231128&site=charlotte&ID=realcities&scategory=Computers

-- (Dee360Degree@aol.com), April 28, 2000.


Minor banking crises lead to major banking crises, as far as I'm concerned. It's only a matter of time.

-- Billiver (billiver@aol.com), April 29, 2000.

Oh, sure, expected to be fixed by lunchtime tomorrow. Ho hum! Why worry? This is all routine. Yes, right. Isn't it wonderful what the spinmeisters can do with words?

-- Uncle Fred (dogboy45@bigfoot.com), April 29, 2000.

Thank you, Dee. The article said "ANZ Bank spokeswoman said that the bank had experienced some minor problems due to the heavy volume of transactions it had had to process following the five-day Easter holiday". Easter, a big money spender time? Just for eggs, candy and baskets? I guess the fireworks sales checks on the 4th of July will really bring their house down.

-- Amazed (now@here.com), April 29, 2000.

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