News

ATM glitch allows customers to withdraw funds beyond their balance

Published

2 years ago

August 17, 2023

A technical glitch within Bank of Ireland’s online app has enabled customers with insufficient account balances to transfer and withdraw funds from ATMs.

The flaw allowed individuals to deposit money into a digital account linked to Revolut and subsequently withdraw cash from various ATMs.

Reports suggest some customers managed to access substantial sums, with claims of withdrawals reaching up to €1,000, although the bank asserts that the established daily withdrawal limit remains at €500.

The issue triggered a series of events that caught social media attention, portraying long lines at ATMs in different cities and instances of law enforcement being present at pay points.

The bank confirmed the existence of a technical problem affecting multiple services, including its mobile app and online banking portal, 365Online, on Tuesday.

It issued a cautionary advisory to customers, clarifying that any funds withdrawn or transferred beyond regular limits would eventually be deducted from their accounts.

The bank further encouraged customers not to engage in transfers or withdrawals that could lead to overdrawing.

Acknowledging the disruption, Bank of Ireland conveyed that both the mobile app and 365Online had been restored to operational status by Wednesday.

The bank anticipated that overnight payments would gradually reflect throughout the day.

It confirmed its awareness that the technical glitch had permitted certain customers to surpass their standard withdrawal and transfer limits.

These over-the-limit transactions were stated to be processed within the customers’ accounts on that day.

The bank urged customers facing potential financial strain due to overdrawing to make contact for assistance.

This incident follows a previous IT outage at the bank in June, though the earlier outage did not grant individuals access to funds beyond their account balances.

News

Russia bans WhatsApp and promotes state-backed messaging app

Kremlin blocks WhatsApp, urging citizens to use state-backed MAX; critics warn of surveillance, prompting protests in Moscow.

Published

14 hours ago

February 13, 2026

Harvey Vargas

Kremlin blocks WhatsApp, urging citizens to use state-backed MAX; critics warn of surveillance, prompting protests in Moscow.

The Kremlin has officially blocked WhatsApp, urging Russians to switch to MAX, a state-backed messaging app. This move comes after Meta refused to comply with local regulations, sparking debates over digital freedom in the country.

Critics warn that MAX could be used for government surveillance, though authorities deny these claims. The ban highlights Russia’s growing control over foreign tech platforms and its push for locally regulated alternatives.

Activists in Moscow have staged protests calling for an open and unregulated internet, while the public reacts with a mix of concern and resignation.

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News

U.S. secretly sent 6,000 Starlink terminals to Iran after protests

US covertly sent 6,000 Starlink terminals to Iran amid protests, aiding internet access despite government shutdowns and crackdown violence.

Published

14 hours ago

February 13, 2026

Harvey Vargas

US covertly sent 6,000 Starlink terminals to Iran amid protests, aiding internet access despite government shutdowns and crackdown violence.

U.S. officials report that the Trump administration covertly sent around 6,000 Starlink satellite internet terminals into Iran following widespread protests. The move was designed to bypass strict internet blackouts imposed by authorities in Tehran.

The terminals reportedly enabled activists and dissidents to reconnect with the outside world during periods of severe digital restriction, raising fresh questions about foreign involvement and cyber strategy.

As geopolitical tensions simmer, the revelation underscores how connectivity has become a powerful tool in modern conflict.

#Iran #Starlink #DonaldTrump #MiddleEast #GlobalPolitics #TechNews #InternetFreedom #BreakingNews

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News

Anthropic secures 30 billion in fresh funding as valuation surges

Anthropic raises $30B, doubling valuation to $380B, boosting global AI race with support from GIC, Coatue, Microsoft, and Nvidia.

Published

14 hours ago

February 13, 2026

Harvey Vargas

Anthropic raises $30B, doubling valuation to $380B, boosting global AI race with support from GIC, Coatue, Microsoft, and Nvidia.

Anthropic has secured a staggering $30 billion in fresh funding, catapulting its valuation to $380 billion and cementing its place among the most valuable AI companies in the world. The raise marks the second-largest private technology funding round ever, trailing only OpenAI’s $40 billion deal.

Major backers in this latest round include Singapore’s GIC and Coatue Management, alongside existing heavyweight partners Microsoft and Nvidia. The scale of the investment underscores intensifying global competition in artificial intelligence as capital continues to flood into the sector.

Anthropic’s valuation has more than doubled in just five months, fuelled by rapid enterprise growth. The company now works with eight of the Fortune 10 and boasts more than 500 customers spending over $1 million annually, highlighting surging demand for advanced AI tools across corporate America.

#ArtificialIntelligence #AI #Anthropic #TechNews #VentureCapital #BigTech #Innovation #Startups