Bank's IT Failure Loses 600,000 Payments

An anonymous reader writes: The Royal Bank of Scotland had an IT glitch last night that prevented some 600,000 payments from reaching the accounts of its customers. This included bill payments, wages, tax credits, and benefits payments. RBS apologized for the delay, and claims to have fixed the underlying problem. They hope to have all the missing payments sorted by the weekend. This isn't the first major IT screwup for RBS; in 2012, the company was fined £56 million after a software upgrade prevented about 6.5 million customers from logging into their accounts.