Technical incident and symbolic crisis: a look back at the weekend banking failure that raises questions about its public management

This weekend, a technical glitch paralyzed the payment services of several banks. But what is being described as a technical glitch actually reveals a much deeper symbolic crisis.

💳 The bug didn’t just prevent transfers and payments. It affected a fundamental symbol: our relationship with money. In a context of growing mistrust of financial institutions, this failure has reignited conspiracy theories about citizens losing control of their money, the forced digitization of payment methods, and even theories of collapse.

📊 What social media is saying According to a Talkwalker analysis of two of the banks affected, this event generated:

📈 The biggest spike in mentions in 13 months

💬 65,000 mentions over the weekend, almost twice as many as previous peaks

📉 The biggest drop in sentiment in 13 months

😠 60% negative sentiment

The most viral posts did not focus on the technical nature of the bug, but on political and societal interpretations. The conspiracy theory sphere seized on the subject, linking it to the call for cash payments scheduled for September 10.

🧠 Key takeaways

In a world where every technical incident can turn into a symbolic crisis, speed, transparency, and contextualization are the pillars of effective communication.

It is no longer just a matter of fixing the problem, but of reassuring, explaining, and anticipating in order to preserve the contract of trust between the brand and its users.

It may be tempting for the company affected by the outage to remain silent. But staying silent means losing control of the narrative, which can then be exploited by others.

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▶️ What you’ll be doing: monitoring, press relations, stakeholder mapping, project management, corporate communications.

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Power, showmanship, and partnerships: communication is part of the art of war.

Today, September 3, China will stage a military parade to mark the 80th anniversary of the end of World War II. This is a strong signal, coming the day after the summit of the Shanghai Cooperation Organization (SCO), sometimes referred to as the NATO of the non-aligned countries. The group photo speaks for itself and represents 42% of the world’s population.

Objectives: 1) to counterbalance the West without copying its codes, despite the inspiration that ENA provided for the training of Chinese elites, and above all 2) to establish Xi Jinping’s leadership in China vis-à-vis his people and then external powers, “a security force that can be relied upon” according to Chinese commentators.

Everyone is playing their part pragmatically:

➡️The slogan of “unlimited friendship” between Russia and China? Under review, thank you Aaron Glasserman for your insights from 🇺🇸

➡️🐉🐘 Facing the United States, “the dragon (China) and the elephant (India) must get along,” Xi Jinping explained yesterday, without ever mentioning Donald Trump.

➡️Monday’s rejection by the E3 (France, UK, Germany) of the process to reinstate UN sanctions against Tehran and its nuclear program is significant.

India, Brazil, South Africa, Indonesia… All are seeking to assert their autonomy.
A variable geometry multilateralism and “deals” that will be made on a case-by-case basis with Brussels or Washington.

Finally, the military parade is also a huge call for tenders with very tangible benefits for neighboring countries… and our French entrepreneurs abroad. Florian Bohême – Advisor to French citizens abroad in Cambodia

Diplomacy is also about numbers. With or without us.

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