Public warned of imminent surge in bank account fraud scams
An impending gap in the market is likely to be exploited. If you’re reading this, there’s a good chance you’ve been the victim of or at least managed to escape a scam or two in the past couple of years. Scams are very much on the rise, you see, with An Garda Síochána recently reporting […]
4 years ago
Ulster Bank customers experiencing delays in credit payments
They are working to resolve the issue. Some Ulster Bank customers are experiencing delays in credit payments on Friday afternoon. 10,000 social welfare payments were not processed this morning due to technical issues with the bank. A statement issued from Ulster Bank earlier on Friday apologised for the delay and said that they were working […]
6 years ago
Ulster Bank to sell non-performing loans worth €1.4bn to US vulture fund
The news was announced on Monday. Ulster Bank has announced that it is to sell 5,200 non-performing mortgages to a purchaser managed by affiliates of Cerberus Capital Management L.P. Cerberus Capital Management, L.P. is an American private equity firm, specialising in “distressed investing”, or what are sometimes referred to as vulture funds. The portfolio of loans includes […]
8 years ago
Ulster Bank customers raise concerns as mobile app transfers fail to appear in accounts
This is the second time in less than two weeks that customers have reported issues with transactions. Ulster Bank has been made “aware” that mobile app transfers have not been appearing in the accounts of some customers. The issue arose between 6.30pm on Monday, 30 April and 6.30pm on Tuesday, 1 May during which time, […]
8 years ago
UPDATE: Ulster Bank say funds disappearing from customer accounts caused by “human error”
Some customers reported discrepancies with their accounts… Updated 4.55pm, 24 April Ulster Bank have confirmed that the issue, which led to funds disappearing from customers’ accounts was the result of “human error.” In a statement, the bank said: “As a result of human error, a payment file did not process last night, which means that […]
8 years ago
Ulster Bank release statement after issue leaves some customers without their wages
They’re “working hard” to fix the issue… Ulster Bank have said that they’re working to fix an issue which has left some of their customers without their wages. An issue at the bank on Friday led to some delays in payments. In a statement the bank said: We are aware there are delays with some […]
8 years ago