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Barclays’ £7.5 million bill joins growing list of bank IT issues

Customers were locked out of services for more than 33 days in past 2 years

Bloomberg NewsbyBloomberg News
March 6, 2025
in Banking
Reading Time: 2 mins read
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Barclays Plc’s recent outage was just the latest in a series of issues in banking technology, with customers of major U.K. lenders locked out of services for over 33 days over the past two years, lawmakers have found. The Barclays incident alone will result in customers getting as much as £7.5 million ($9.7 million) in […]

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