The bank said it was experiencing a “technical issue” with a third-party vendor, impacting some account services like deposits and payment processing.
Capital One users were reporting issues with receiving their deposits on Thursday morning, leaving many customers wondering where their money and paychecks are. Complaints on social media were pouring in via the @AskCapitalOne customer service account on X, formerly Twitter.
The issues at Capital One 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. It is not clear whether FIS was also involved in the Citi outage.
Citi analyst Keith Horowitz raised the firm’s price target on Capital One (COF) to $245 from $225 and keeps a Buy rating on the shares. The company reported a core beat on fees, partially offset ...
Capital One has confirmed that it is still experiencing a "disruption" that has been impacting many customers. In an email to customers seen by International Business Times, Capital One acknowledged that its issues began on Wednesday and the disruption impacting the processing of some deposits, payments and transfers.
That vendor, Fidelity Information Services, released a statement late Thursday blaming a local power outage affecting one of its data centers. Capitol One said deposits and payment processing for some consumers, small businesses and commercial banks were affected by the outage.
Curiously, Capital One wasn't the only major bank that faced technical difficulties last week. Citibank also experienced an outage that impacted its mobile app, along with issues related to fraud ...
The issues at Capital One 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.
Deutsche Bank said profits plunged 92 per cent last quarter and warned investors of higher than expected costs for this year, as the German bank’s boss pledged to consider ditching weaker businesses to improve performance. Chief executive Christian Sewing said on Thursday that the bank would unveil a new medium-term strategy this year.
The latest Market Talks covering Basic Materials. Published exclusively on Dow Jones Newswires at 4:20 ET, 12:20 ET and 16:50 ET. 0736 GMT – The relative attractiveness of Anglo American’s operational turnaround has somewhat diminished,
The RMR Group entered into a new $100 million senior secured revolving credit facility. The initial maturity date of the new credit facility is January 22, 2028, and it includes a one-year extension at RMR’s option,
President Trump admires one of his long-forgotten predecessors. He has resurrected the memory of President William McKinley, whose term bridged the end of the 19th century and the beginning of the 20th. Trump evidently sees him as a kindred spirit. That is passing strange, since in most regards McKinley was the quintessential anti-Trump.