Bank Glitches What a total surprise it is when you check your balance and find out that you’re a sudden millionaire. Call it sabotage or what but 2018 experienced a few bank glitches that made people very concern. It started mildly on June 2, 2018, when BDO select banking facilities got affected by service interruptions. Then on July 19, Land Bank of the Philippines decided to shut down ATM machines and other electronic banking channels temporarily due to technical problems. Then the bank posted an advisory via Facebook saying that EMV Debit Mastercards are undergoing system maintenance and will temporarily be unable to transact via ATM and POS terminals. Bank of the Philippine Islands (BPI) has partnered with Robinsons Retail Holdings, Inc. Photo: insiderph.com "By enabling partners to facilitate barcode-enabled deposits and withdrawals, as well as account openings and product applications just by scanning a QR code, we are bringing full-service banking to any community in the Philippines—even the most remote islands," said Rally Jereza, head of BPI Agency Banking. Read more in our articles including "5 Most Controversial Tech Topics of 2018" and "BIR opens Tax Payer Portal".
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Apr 2, 2026Bank Glitches What a total surprise it is when you check your balance and find out that you’re a sudden millionaire. Call it sabotage or what but 2018 experienced a few bank glitches that made people very concern.
It started mildly on June 2, 2018, when BDO select banking facilities got affected by service interruptions. Then on July 19, Land Bank of the Philippines decided to shut down ATM machines and other electronic banking channels temporarily due to technical problems. Then the bank posted an advisory via Facebook saying that EMV Debit Mastercards are undergoing system maintenance and will temporarily be unable to transact via ATM and POS terminals.
Our coverage of bank glitches includes: "5 Most Controversial Tech Topics of 2018"; "BIR opens Tax Payer Portal"; "DTI retracts plan to require permit when running online ads and promos". Each article provides unique insights and information.