US lending giant Capital One says it’s working on a technical issue that’s preventing thousands of customers from accessing their money.

The firm says a “technical issue experienced by a third-party vendor” is to blame, in a statement issued to CNN.

The issue has triggered problems with payment processing and deposits across the firm’s consumer, small business and commercial banking systems.

The app monitoring service Downdetector says customers are primarily experiencing problems with their deposits.

The issue began on Thursday, with users reporting error messages stating the bank is working with a vendor to resolve the issue.

That vendor in question is FIS Global, a fintech firm that provides digital solutions for banks, including payments processing, risk management and wealth management.

 

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The post Thousands of Capital One Customers Unable To Access Money, Deposit Cash Amid Widespread Technical Issues appeared first on The Daily Hodl.

US lending giant Capital One says it’s working on a technical issue that’s preventing thousands of customers from accessing their money.

The firm says a “technical issue experienced by a third-party vendor” is to blame, in a statement issued to CNN.

The issue has triggered problems with payment processing and deposits across the firm’s consumer, small business and commercial banking systems.

The app monitoring service Downdetector says customers are primarily experiencing problems with their deposits.

The issue began on Thursday, with users reporting error messages stating the bank is working with a vendor to resolve the issue.

That vendor in question is FIS Global, a fintech firm that provides digital solutions for banks, including payments processing, risk management and wealth management.

 

Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Generated Image: Midjourney

The post Thousands of Capital One Customers Unable To Access Money, Deposit Cash Amid Widespread Technical Issues appeared first on The Daily Hodl.