The Smartest Investors Club
  • Business
  • Politics
  • Investing
  • World
  • Business
  • Politics
  • Investing
  • World

The Smartest Investors Club

Business

Capital One acknowledges ‘outage’ as users report issues accessing deposits

by January 16, 2025
January 16, 2025
Capital One acknowledges ‘outage’ as users report issues accessing deposits

Capital One said an unspecified technical issue was hampering customer account access, as some users reported issues with direct deposits.

In response to complaints on social media platform X, a Capital One representative said the bank was experiencing a ‘tech outage’ that was affecting ‘a variety of functions,’ with no timetable for a restoration of services.

Later on Thursday, the company put out an official statement on X about the problem.

‘We are experiencing a technical issue with a third-party vendor that is temporarily impacting some account services, deposits, and payment processing for portions of our consumer, small business, and commercial bank,’ it said.

According to Downdetector.com, which tracks reports of user complaints about digital services, the issues began around 6 a.m. ET Thursday, with some 2,000 reports observed.

The site indicated the frequency of reports had started leveling off around 9 a.m.

A bank spokesperson did not immediately respond to a request for comment from NBC News.

The issues at Capital One come a day after Citibank acknowledged a problem affecting customers’ ability to access their accounts from mobile devices, as well as an apparent issue related to fraud alerts. While the mobile access issue appeared to have been resolved, a Citi rep said on X on Thursday it was still working to fix the fraud-alert item.

Earlier this month, the Consumer Financial Protection Bureau sued Capital One, alleging it misled customers about its savings-account offerings. Capital One has denied the allegations.

This is a developing story. Check back for updates.

This post appeared first on NBC NEWS
0
FacebookTwitterGoogle +Pinterest
previous post
Biden administration seeks to avoid default crisis for student loan borrowers as garnishments resume
next post
British PM caps a week of frenzied diplomacy, as Ukraine’s European allies try to strengthen its hand

You may also like

Comcast and Harris Blitzer to build NBA, NHL...

Delta CEO offers employees free flights after CrowdStrike-Microsoft...

Tesla has downsized by at least 14% this...

A California bill would let workers ignore their...

Biden administration bans noncompete agreements, setting up legal...

Household savings are thinning. Here’s how to put...

Disney debuts its latest cruise ship, Treasure, as...

Some tariff concessions from Canada and Mexico touted...

Collapsed crypto exchange Mt. Gox is about to...

United CEO expresses ‘renewed confidence’ in Boeing after...

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Latest

    • Ukraine targets several Russian air bases in large-scale operation ‘Spiderweb’

    • Poland’s presidential election on a knife edge after heated election, exit polls show

    • Rand Paul says he would support ‘big, beautiful bill’ if debt ceiling hike removed

    • Kevin Hassett ‘very, very confident’ courts will back Trump’s tariffs amid legal setback

    • Senate Republicans eye changes to Trump’s megabill after House win

    Categories

    • Business (1,673)
    • Investing (5,000)
    • Politics (7,849)
    • World (6,366)
    • Terms & Conditions
    • Privacy Policy
    • About us

    Disclaimer: thesmartestinvestorsclub.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2024 thesmartestinvestorsclub.com | All Rights Reserved


    Back To Top