- Online banks are bankrupt after the crash
- Ubank, Beyond Bank and Bank Australia are affected
A number of online banking platforms, including Ubank, Beyond Bank and Bank Australia, are experiencing outages, potentially impacting hundreds of thousands of customers.
On Thursday evening, it was reported that the technical problems had persisted for several hours, but none of the affected banks could say exactly when their app and online banking services would work reliably again.
Ubank is among the online banking services that have crashed in a major outage affecting Australian customers
“A number of banks, including Ubank, are currently experiencing occasional problems with our app and online banking,” a Ubank spokesperson told Seven news.
‘We understand that this is frustrating and that some customers trying to carry out their usual banking activities, such as transferring their money between accounts, are experiencing difficulties.
“We apologize for any inconvenience this issue may cause.”