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Italy's Banca Sella restores online services after outage
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Italy's Banca Sella restores online services after outage
Apr 11, 2024 11:42 PM

MILAN, April 12 (Reuters) - Italy's Banca Sella has

restored its online services after three million of its

customers and those of its digital bank Hype lost access to

their accounts this past week.

The regional bank identified the cause of the disruption and

implemented actions required to solve the problem, it said in an

online statement late on Thursday.

The lender had said that the outage was caused by an IT

update provided by Oracle, a supplier for the group's

operating system for more than 20 years, and was not related to

cybersecurity issues.

Oracle had no immediate comment.

The use of payment cards was not affected and the bank

extended opening hours to allow customers to carry out cash

transactions and payments.

Banca Sella has around 1.3 million customers. Hype, a joint

venture with lender illimity, has around 1.7 million

customers.

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