Announcement

**Sapiens** · October 25, 2009, 09:50 PM

Re: Congrats, did your Bank Upgrade their system OK?

http://www.aba.com/Events/annual.htm

http://www.aba.com/Events/annual.htm

ABA Annual Meeting
Business Expo and Directors' Forum
October 25-28, 2009 � Sheraton Chicago Hotel & Towers, Chicago, Illinois

Registration/Housing | Schedule-at-a-Glance | Featured Speakers | Sessions | Power Breakfasts
Directors' Forum | Hotel & Travel | Optional Tours | Special Events | Exhibits and Sponsorship

Let's start rebuilding our future, community by community, bank by bank. Register now to join us at the ABA Annual Meeting in Chicago for the most important industry gathering of the year.

The regulatory structure you operate under is being rebuilt. What will you do? How will your bank operate in this new environment? Come to this meeting to get the tools and resources you need to succeed.

Don't miss...

Exceptional speakers like FDIC Chairman Sheila Bair, Comptroller of the Currency John Dugan, former Speaker of the House Newt Gingrich, and political commentator George Will.

Workshops and special sessions focusing on developing solutions to critical issues threatening your bank's future.

Special events that offer you ample time to network with your peers.

The Directors' Forum- understand your fiduciary responsibilities in this unprecedented crisis.

It's time to roll up your sleeves, get down to business, and grab hold of the tools that will make the difference in your bank's future and our industry's future.

Anyone here talking shop there?

**Sapiens** · October 25, 2009, 10:07 PM

Re: Congrats, did your Bank Upgrade their system OK?

Just in case you all didn't know why a National Emergency is called for, this may be some interesting reading:

http://www.fas.org/sgp/crs/natsec/98-505.pdf

P.S. That is also why there is a de facto economic news blackout.

**thunderdownunder** · October 25, 2009, 10:49 PM

Re: Congrats, did your Bank Upgrade their system OK?

I can confirm that Westpac/ St George banks in Australia had the same shutdown this weekend. Google St George Bank and you get this.
Due to planned system maintenance, Internet Banking will be unavailable from ...
www.stgeorge.com.au/IbankRedirect.asp
I was of the opinion that is was to do with the elimination of this Phishing scam
http://www.fraudwatchinternational.c...p?fa_no=235372

Back Up and running this morning 26th October 2009 though.
Tin foil hat is tingling with static

**c1ue** · October 25, 2009, 10:56 PM

Re: Congrats, did your Bank Upgrade their system OK?

Maybe they're getting ready for the bank holiday coming up? After Thanksgiving?

**ggirod** · October 26, 2009, 06:17 AM

Re: Congrats, did your Bank Upgrade their system OK?

Every since before Y2K when it first became possible on a large scale, and when processes were formalized, there have been periodic disaster recovery tests conducted everywhere. For a large, distributed, interdependent system you have to have lots of players involved.

The giveaway for me was the staff moving to the offsite recovery location. They are doing the full test.

It makes sense that the feds would require a system test fire drill now and again. There is no need for worry at this point. In fact, it probably means, if they learn a lot from problems they encounter, that the aftermath of an Internet attack or disaster in some major area, will be manageable and outages will be controlled.

Re upgrade speculation ... In the event they are doing an upgrade on some shared communications or integration software they might also have to do the same thing; man the disaster recovery sites, and do the update. Applying an update and taking down the US banking system for a weekend or more would not be a good idea in boom/bubble times, and particularly not now, when faith is at a low point.

When something truly sinister happens, there will be NO CLUES left laying around to be found :-)

**Slimprofits** · October 26, 2009, 07:39 AM

Re: Congrats, did your Bank Upgrade their system OK?

No problems at all and no scheduled outages this weekend, gaining access to online banking with my very local banking institution.

**thriftyandboringinohio** · October 26, 2009, 08:14 AM

Re: Congrats, did your Bank Upgrade their system OK?

Fascinating. I can confirm that someone in our household works at JPM Chase's giant IT organization, and was logged in working Saturday night 10/24/09 for a major global system change.

**Louie.G** · October 26, 2009, 12:51 PM

Re: Congrats, did your Bank Upgrade their system OK?

Originally posted by thriftyandboringinohio View Post

Fascinating. I can confirm that someone in our household works at JPM Chase's giant IT organization, and was logged in working Saturday night 10/24/09 for a major global system change.

Just got an Email from HSBC in the UK. Might help explain things a little. HSBC UK sent me an authority that I had to sign a month or so ago, saying I would agree to the new Regs.

Payment Services Directive introduced across Europe

Dear HSBCnet user,

The Payment Services Directive will be introduced across Europe as of 1 November 2009.

These regulations are designed to bring harmony and transparency to payments throughout the European Economic Area. To support these legal developments, we are making the following changes to HSBCnet with effect from 1 November:

1.
Extended Debit Advices - Debit advices appearing on screen relating to Priority Payments within the European Economic Area will now be available to "click into" for 35 days.

2.
It will now be a requirement to provide a valid BIC and IBAN for all cross border payments within the EEA with EUR as the payment currency - If a valid BIC/IBAN is not used on these payments, you may be charged more for making that payment. If this is the case for a payment initiated on screen, you will receive a warning message on the screen at both the create stage and at detail level at the authorisation stages.

3.
Those customers using Section 5 of the Priority Payment screen may find that certain payments are processed manually, incurring additional charges. If section 5 is populated, you will receive a warning message on both the create confirmation screen and the authorisation detail screen.

4.
When making a payment within the European Economic Area, only SHARE (SHA) will now be available with regards to the charging options.
If you require further information on the changes being made to HSBCnet in respect of the Payment Services Directive, please contact your local HSBCnet Helpdesk.

Yours Faithfully,

HSBCnet team

**sn1p3r** · October 26, 2009, 01:01 PM

Re: Congrats, did your Bank Upgrade their system OK?

big outage at UBS this weekend...not sure if related

**cindykimlisa** · October 26, 2009, 01:15 PM

Re: Congrats, did your Bank Upgrade their system OK?

Black days come in October

The Wall Street Crash of 1929,^[1]^[2] also known as the Great Crash or the Stock Market Crash of 1929, was the most devastating stock market crash in the history of the United States, taking into consideration the full extent and duration of its fallout.^[3]
Four phrases�Black Thursday, Black Friday, then Black Monday, and Black Tuesday�are commonly used to describe this collapse of stock values. All four are appropriate, for the crash was not a one-day affair. The initial crash occurred on Thursday, October 24, 1929, but the catastrophic downturn of Monday, October 28 and Tuesday, October 29 precipitated widespread alarm and the onset of an unprecedented and long-lasting economic depression for the United States and the world. This stock market collapse continued for a month.

I've heard here Dow will be down 50% or so - Are we on the way?

Cindy

�	Anyone who bought stocks in mid-1929 and held onto them saw most of his or her adult life pass by before getting back to even.	�
�Richard M. Salsman^[4]

�	Anyone who bought stocks in mid-1929 and held onto them saw most of his or her adult life pass by before getting back to even.	�
�Richard M. Salsman^[4]

�	Anyone who bought stocks in mid-1929 and held onto them saw most of his or her adult life pass by before getting back to even.	�
�Richard M. Salsman^[4]

Announcement

Congrats, did your Bank Upgrade their system OK?

Congrats, did your Bank Upgrade their system OK?

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