Scoop has an Ethical Paywall
Network issue affects payments
Network issue affects payments
Payments NZ is aware of a network issue that has affected all banks.
The issue has meant that several payment transfers were not made overnight due to a network issue on the Swift payments gateway, the system used to transfer these files between banks. Payments NZ CEO Steve Nichols said that the fault was discovered very early this morning and is being worked on with a view to having everything fixed as soon as possible.
“Experts from all banks have been working throughout the night to clear the backlog of payments. Some payments have been processed already and we expect that everything will be back to normal soon.”
ENDS
Advertisement - scroll to continue reading
Financial Markets Authority: Individual Pleads Guilty To Insider Trading Charges
Great Journeys New Zealand: Travel Down Memory Lane With The Return Of The Southerner
WorkSafe NZ: Overhead Power Lines Spark Safety Call
Transpower: Transpower Seeks Feedback On Electricity Investment Short-list For Upper South Island
Commerce Commission: “Cheating The System” – Sentencing In Country’s First Criminal Cartel Case
Kiwi Economics: The Government’s Books Are Hard To Balance. Lower Productivity, Lower Tax, Higher Spend
