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Major Canadian banks experience a bizarre, hours-long outage

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Major Canadian banks

Major Canadian banks fell unavailable for many hours, denying consumers access to e-transfers, online and mobile banking, and other services.

The Canadian Imperial Bank of Commerce, Scotiabank, Bank of Montreal, and Royal Bank of Canada (RBC) are among the institutions apparently affected by the outage (CIBC).

For many, online banking and e-Transfers are not working.

Yesterday, the main banks in Canada went offline, making it difficult for many people to use e-Transfers, online, and mobile banking services.

The number of complaints of people experiencing problems accessing their online banking peaked on Wednesday between 5 and 6 p.m. Eastern time, while BleepingComputer is still receiving an inflow of similar reports today:

An RBC spokesman acknowledged that “we are presently having technical challenges with our online and mobile banking, as well as our phone services.”

“We have no ETA to offer at this time, but our specialists are looking into it and striving to repair it as soon as they can. We value your tolerance.”

Customers continued to report problems a few hours later, within 30 minutes of RBC declaring that all systems were operating normally:

Andrew Currie, an RBC client, stated that the disruption left him without “access to my money at the grocery store” and forced him to wait in line for the cash register for 30 minutes.

Customers of BMO also noticed that the bank’s “Global Money Transfer service” was unavailable “all day” and that transfers were being automatically denied without any apparent cause. Such clients were advised to contact customer care by a BMO employee.

Inconsistencies with their internet banking were not acknowledged by CIBC.

Customers were apparently locked out of the TD Bank mobile banking app, and customer support agents said they “haven’t been told of recent concerns with our online service through EasyWeb.”

According to a TD Bank representative speaking to BleepingComputer, the bank had no significant system issues or outages.

It’s unclear at this moment whether some people’s difficulties at the ATMs were caused by the outage. According to an RBC staffer, the customer experiencing ATM problems is using an outdated debit card:

Some transfers are subject to rules under the Emergencies Act.

Although the reason for the outage is unknown, its timing is very intriguing because it comes only a few days after Canadian Prime Minister Justin Trudeau used the Emergencies Act in the midst of continuing “Freedom Convoy” rallies.

Deputy Prime Minister Chrystia Freeland detailed the new rules that payment service providers must follow in accordance with the recently implemented Emergencies Act on Monday during a news briefing on Parliament Hill.

Additionally, without a court ruling and without risking civil responsibility, the Emergencies Act gives banks the power to freeze the accounts of people and companies they believe to be connected to the illegal blockades.

However, as the Deputy PM notes, since banks are currently required to report to FINTRAC, it is still unclear how new law will cause a planned or unanticipated outage.

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What is faze save kidshaywarddecrypt?

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faze save kidshaywarddecrypt

“Faze Save Kidshaywarddecrypt” likely refers to a meme or joke within the gaming community.

Esports faze save

“Faze Clan” is a professional esports and entertainment organization, primarily known for their presence in the Call of Duty and Counter-Strike: Global Offensive scenes. “Faze Save” could refer to a clutch play or a significant moment in a match where a player from the Faze Clan saved the round for their team. However, without more context, it’s difficult to determine the specific meaning of “Faze Save.”

Several players of the popular esports FaZe clan were suspended recently for promoting a controversial cryptocurrency called Save The Kids. Save The Kids was advertised as an alternative to Dogecoin and Etherium, and it promised to donate a portion of the proceeds to a charity. The controversy caused a huge backlash from fans, who slammed the clan for its shady business practices.

The members of FaZe Clan have denied being involved with the scheme, but anyone found to be involved in the scheme could face serious consequences. FaZe Clan’s reputation could be ruined, and potential sponsors could be discouraged from working with the group.

Faze clan save

“Faze Clan Save” could refer to a clutch play or a significant moment in a match where a player from the Faze Clan saved the round for their team. It might be used to describe a play that was critical to the outcome of a match and helped secure a win for Faze Clan.

faze save the kids

“Save the Kids” is a phrase that has become popular in internet culture and is often used as a hashtag or meme. The exact meaning of “Save the Kids” varies depending on the context, but it generally refers to a call to action or a show of support for a cause, often related to children’s rights, safety, or well-being.

In the context of “Faze Save the Kids”, it’s possible that it is a reference to the Faze Clan supporting the “Save the Kids” cause or using the phrase as a rallying cry within the gaming community. However, without more context, it is difficult to determine the exact meaning.

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Sources:On Monday, Facebook will reveal a range of music products, such as a Clubhouse-like app, a podcast discovery service integrated with Spotify, and more. (Vox, Peter Kafka)

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sources monday spotifykafkavox

Sources:On Monday, Facebook will reveal a range of music products, such as a Clubhouse-like app, a podcast discovery service integrated with Spotify, and more. (Vox, Peter Kafka)

Peter Kafka / Vox:

Several audio products, including a Clubhouse-like app, a podcast finding service integrated with Spotify, and more, will be unveiled by Facebook on Monday, according to sources. On Monday, there will be announcements, although some things won’t be available for some time. — Facebook wants you to start communicating with others on the site.

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ByteDance’s founder Zhang Yiming steps down as Executive Chairman

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Zhang Yiming
The founder of TikTok’s parent company ByteDance founder Zhang Yiming has stepped down as chairman after announcing last May he was resigning as CEO and moving into a strategy role. New CEO Liang Rubo has taken over as chairman of the company’s board. The news comes shortly after the company announced a major organisational reshuffle at ByteDance to create six separate business units.
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