Sign up
Subscribe
Home / news / 😱 USA🇺🇸: On October 2, Bank of America blocked customers' accounts due to a technical glitch
news

😱 USA🇺🇸: On October 2, Bank of America blocked customers' accounts due to a technical glitch

😱 USA🇺🇸: On October 2, Bank of America blocked customers' accounts due to a technical glitch

Many customers found themselves unable to access their accounts, which displayed a zero balance, and several ATMs stopped functioning as well. The chaos lasted for several hours, leaving users frustrated and concerned.

➖ Social media and the bank's customer support were overwhelmed with complaints from concerned users. According to the portal Downdetector, more than 20,266 incidents were reported.

➖ The first to be affected were those using the bank's mobile app and website.

The root cause was a system failure, a recurring issue for Bank of America. Back in January 2023, the bank experienced a similar disruption.

This incident has raised concerns about the bank's reputation.

#news #UnitedStates

🏦 Payouter.com — reliable payment partner in CIS and India 🇮🇳, with 54% conversion on initial payments.

Comments

Weekly high-risk digest

Regulation, sanctions and payment news across your verticals — once a week, free.

Please check your inbox and click the link to confirm your subscription.

Please enter a valid email address!