Another Big Australian Bank Suffers a File Processing Glitch

Commonwealth Bank of Australia says its problems are now fixed

1 min read
Another Big Australian Bank Suffers a File Processing Glitch

News reports out of Australia this morning are saying that Commonwealth Bank of Australia (CBA) suffered an overnight file processing glitch reminiscent of the overnight file processing glitch that caused havoc a few weeks ago at the National Australia Bank and which continues to irritate many NAB customers.

According to this article in the Sydney Morning Herald, approximately 5% of the bank's 11 million business and retail customers were affected by the problem. Some CBA customers found that they could not access ATMs, or found that their accounts registered a "zero balance." On-line banking for some business customers was also unavailable.

All the problems were fixed by noon Sydney time, the bank said.

CBA apologized for the problem and said that customers who may have incurred charges because of the glitch to contact the bank for reimbursement, reportedThe Australian.

In August, a security upgrade at CBA caused a day of banking chaos for its customers for which the bank also had to apologize for.

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Why Functional Programming Should Be the Future of Software Development

It’s hard to learn, but your code will produce fewer nasty surprises

11 min read
A plate of spaghetti made from code
Shira Inbar

You’d expectthe longest and most costly phase in the lifecycle of a software product to be the initial development of the system, when all those great features are first imagined and then created. In fact, the hardest part comes later, during the maintenance phase. That’s when programmers pay the price for the shortcuts they took during development.

So why did they take shortcuts? Maybe they didn’t realize that they were cutting any corners. Only when their code was deployed and exercised by a lot of users did its hidden flaws come to light. And maybe the developers were rushed. Time-to-market pressures would almost guarantee that their software will contain more bugs than it would otherwise.

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