Customers locked out, transactions missing, and a month of chaos. 🤯 BNF Bank's recent system update in Malta turned into a nightmare. Article analyzes the critical missteps, from potential inadequate preparation to poor communication, offering vital lessons for anyone in tech or finance.

Find out what happened: https://medium.com/@chribonn/bnf-banks-gone-wrong-system-update-3d9b57e5aa29

#BNF #BNFBankMalta #TechDisaster #CoreBankingUpgrade #Banking #LessonsLearned #DigitalTransformation #OperationsManagement #MFSA #TTMO

BNF Bank’s Gone Wrong System Update - Alan C. Bonnici - Medium

In March 2025, Maltese BNF Bank plc (€1.28 billion in assets, 40,000 customers) initiated a critical IT modernization project involving its core banking systems, digital channels, a transition from…

Medium

What happens when a bank's critical IT upgrade checks all the boxes for disaster?

Article dissects their calamitous "Big Bang" update – from communication breakdowns to security nightmares. Read why this serves as a prime example of what not to do: https://www.alanbonnici.com/2025/05/bnf-banks-gone-wrong-system-update_0175945782.html
#BNF #BNFBankMalta #ITProjectManagement #FailureAnalysis #BankingInnovation #MaltaNews #TechFails #RiskManagement #MFSA #TTMO

only the best, most honest companies (like crypto casinos run by the #Winklevoss twins) are allowed to offer financial services in #Malta.

#eupol #gemini #MFSA #uspol #CFTC #SEC #corruption #crypto #Winklevi

RT by @ESMAComms: Looking back on some of the most insightful moments from our recent MiCA conference which saw the participation of over 30 local and foreign speakers, including Verena Ross, Chair of @ESMAComms.

https://tinyurl.com/yc23hv5v

#Mica #RegulatoryInnovation #InvestorProtection #ESMA #MFSA

🐦🔗: https://nitter.cz/MFSAComm/status/1729463990814712174#m

[2023-11-28 11:35 UTC]

MiCA Conference Highlights feat. Verena Ross, Chair of ESMA

YouTube

IF you receive a bank draft drawn on a US bank in US dollars for a small amount just shred it. #MFSA say they can do nothing to assist clients and that is has no control over banks (some of whom still have to adjust their tariff of charges). Can minister Clyde Caruana explain why Maltese citizens are left high and dry and what other currencies are impacted.

#CustomerService #MFSA #Malta

While I've had this account for some time, I'm really new to using Mastodon. I'd love to connect with fellow United Methodists here on this network. #BeUMC I'd also love to connect with folks who are part of #RMN and #MFSA
Security Vulnerabilities fixed in Thunderbird 68.10.0