• Several Major Banks Blasted By "Glitch" - Paychecks Won't Deposit

    From 56d.1152@21:1/5 to All on Fri Nov 3 22:09:30 2023
    XPost: talk.politics.misc, alt.politics.usa, alt.politics.republicans

    https://www.dailymail.co.uk/yourmoney/article-12707935/bank-direct-deposit-issues.html

    Bank of America, Chase and Wells Fargo customers hit with
    deposit delays after major glitch with payment processor -
    delaying 900,000 transactions

    The Federal Reserve confirmed glitches were due to a 'processing
    error' at private sector operator Automated Clearing House (ACH)

    Glitch occurred on a major payday for Americans, leaving many
    without their wages

    900,000 transactions are thought to have been reported so
    far, according to the Wall Street Journal

    . . .

    And that's just an ACCIDENT. What happens if NK or
    China or Russian hacks really decide to declare
    cyberwar ?

    By all reports, "most" Americans barely have enough
    in the bank to cover a new tire. That's horrific,
    but that's How It Is. Even 'minor' glitches like
    this fuck-up the whole country - can start a
    chain-reaction of late payments, defaults, last-
    resort loans from Vinny-The-Knife ...

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