Browsing: outage

Key insight: A global technology outage briefly halted parts of UBS Group’s trading business this week before systems were restored.Expert quote: When electronic platforms fail, automated…

Key insight: Monzo fixed the core issue but has not yet disclosed the specific root cause of the platform failure.Key insight: A “back-up bank” system allowed…

In January, top headlines across the banking industry featured President Donald Trump’s potential hiring freeze and other actions within days of taking office, Capital One’s five-day…

Over the weekend, disruptions to financial transfers plagued dozens of banks, including Capital One, in an episode that highlighted the issues of technical resilience and third-party…

Capital One said an unspecified technical issue was hampering customer account access Thursday, as some users reported issues with direct deposits.In response to complaints on social media…

Did you experience an online bank outage today?  Some Bank of America customers reported having trouble accessing their bank accounts on Wednesday, Oct. 2. A spike in mid-day…