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Sunday 28 November 2010

A Sign of Things to Come?: Millions of Australians Cashless in Bank Glitch

'One of Australia's biggest banks is scrambling to process payments to millions of customers, who potentially face days of uncertainty about when they will be able to access their money. A corrupted file in the National Australia Bank's computers on Wednesday jammed its payment system, hitting customers from a range of banks who rely on the NAB to process payments. The bank, which last night was considering opening extra branches during the weekend, could not say when the problem would be fixed. It had hoped to resolve the problem on Thursday. Advertisement: Story continues below The Herald has been inundated by anxious NAB customers, some of whom had checked online to find their past month's transactions rubbed out and their accounts credited with nothing....Read more: