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It issued a cautionary advisory to customers, clarifying that any funds withdrawn or transferred beyond regular limits would eventually be deducted from their accounts.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

Greenland says “No” to U.S. takeover — Chooses Denmark in geopolitical showdown

Greenland’s PM chooses Denmark over U.S. amid Trump’s controversy over Arctic control, emphasizing sovereignty and local sentiment.

Published

20 hours ago

January 14, 2026

Harvey Vargas

Greenland’s PM chooses Denmark over U.S. amid Trump’s controversy over Arctic control, emphasizing sovereignty and local sentiment.

Greenland’s Prime Minister Jens‑Frederik Nielsen has delivered a clear message amid renewed pressure from the U.S. — if forced to choose between the United States and Denmark, Greenland will pick Denmark, NATO, and the EU.

Nielsen made the declaration in Copenhagen alongside Danish Prime Minister Mette Frederiksen ahead of diplomatic talks with top U.S. officials.

The announcement comes as U.S. President Donald Trump has again stoked controversy by suggesting Washington could pursue ownership or control of Greenland, citing strategic interests in the Arctic. European leaders and Greenlandic officials have pushed back strongly against these ideas, emphasising sovereignty and respect for international law.

This standoff places Greenland’s future in the spotlight — as Copenhagen and Nuuk reaffirm their ties, local sentiment remains overwhelmingly opposed to U.S. annexation and supportive of Greenland’s own path forward.

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#Greenland #Trump #Denmark #ArcticPolitics #NATO #Geopolitics #InternationalRelations

News

Trump promises aid amid Iran unrest

Trump urges Americans in Iran to evacuate amidst escalating protests and vows support for protesters seeking freedom.

Published

20 hours ago

January 14, 2026

Harvey Vargas

Trump urges Americans in Iran to evacuate amidst escalating protests and vows support for protesters seeking freedom.

President Trump has called on Americans in Iran to evacuate as tensions escalate following the government’s violent crackdown on antigovernment protesters. He has ruled out negotiations and encouraged protesters to continue their efforts, hinting that aid could be on the way.

The unrest in Iran has reportedly resulted in over 2,000 deaths, including both protesters and security forces. U.S. officials are reportedly weighing various responses, from sanctions to potential military options, though no immediate action has been confirmed.

Trump delivered a direct message to the people of Iran, emphasising support for their push for freedom and safety amid the growing crisis.

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#IranProtests #Trump #USPolitics #MiddleEastCrisis #HumanRights #EvacuationAlert #GlobalNews #TickerNews

News

Trump escalates pressure on the Federal Reserve with Powell probe

Trump administration investigates Fed Chair Powell, raising concerns over political pressure on monetary policy and economic stability.

Published

2 days ago

January 13, 2026

Harvey Vargas

Trump administration investigates Fed Chair Powell, raising concerns over political pressure on monetary policy and economic stability.

The Trump administration has launched a criminal investigation into Federal Reserve Chair Jerome Powell, dramatically escalating tensions between the White House and the central bank.

The probe centres on Powell’s testimony over a controversial renovation of the Federal Reserve’s headquarters, raising alarm over whether political pressure is being applied to monetary policy decisions.

The move has sparked fierce debate in Washington, with critics warning it could undermine investor confidence and destabilise economic expectations.

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#FederalReserve #JeromePowell #DonaldTrump #USPolitics #MonetaryPolicy #Markets #Inflation #TickerNews