TSB has announced a new £120m IT centre in Edinburgh to drive forward digital banking, creating 100 technology jobs.

The move is part of a three-year plan announced in the wake of the bank’s 2018 IT meltdown and will serve its five million customers.

The centre will open in April and will be home to IT specialists, data engineers and analysts.

Edinburgh-based TSB said the investment was about taking the bank forward, after its past IT problems.

‘Strong platform’

TSB also announced a partnership with computing giant IBM, to run its key banking platforms, including ATMs, digital banking and high street branch systems.

Almost two million customers at the bank lost access to online banking services in April 2018, after the bungled introduction of a new computer system.

TSB’s customer banking director

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