UK banks hit by third party IT glitch

Thousands of UK banking customers were unable to pay credit card bills and access account information yesterday after an IT outage hit US payments company TSYS. Customers of Royal Bank of Scotland, Tesco and Nationwide Building Society were unable to view credit card information in their mobile apps and digital banking accounts after the glitch with third party provider TSYS, which apologised for the outage in a statement to the FT on Tuesday evening, citing a “hardware-related issue”.