Tag: Capitec

Capitec Bank Restores Services After Global Technology Outage: Impact on Finance and Beyond

Capitec Bank Restores Services After Global Technology Outage: Impact on Finance and Beyond

Capitec Bank has successfully restored its services after a global technology outage disrupted its ATMs and banking app. The outage, caused by a faulty software update, impacted Microsoft customers worldwide, including banks in Australia, New Zealand, telecommunication firms, and airlines. Microsoft has acknowledged the issue and is making progress in resolving it.