Rich Market Daily
Advertisement
  • Investing
  • Economy
  • Stocks
  • Business
No Result
View All Result
  • Investing
  • Economy
  • Stocks
  • Business
No Result
View All Result
Rich Market Daily
No Result
View All Result
Home Business

Capital One outage drags into Friday afternoon, leaving some customers without deposit access

admin by admin
January 18, 2025
in Business
0
Capital One outage drags into Friday afternoon, leaving some customers without deposit access
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter

An outage affecting Capital One customers dragged into its second day Friday, further preventing some customers from accessing deposits, payments and transfers.

In an afternoon statement, the bank said it was still restoring systems that had been taken offline due to a technical issue with a third-party vendor.

The vendor, Fidelity Information Services (FIS), based in Jacksonville, Florida, released a statement saying a local power outage had affected a data center that was critical to various applications.

On Friday, FIS said it had restored access to the applications and was working with impacted clients to post transactions that occurred while systems were offline.

‘Most, if not all, of that work’ would be completed Friday, the company said.

In an email to customers late Thursday, Capital One said it had expected the majority of issues to be resolved by Friday morning.

Yet according to DownDetector.com, there were still hundreds of reports of issues as of 9 a.m. ET Friday.

And on social media, Capital One acknowledged the issues were ongoing, with one bank representative telling an X user it continued to work ‘around the clock to restore full functionality as soon as possible.’

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.

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

Previous Post

Vanadium Market Forecast: Top Trends for Vanadium in 2025

Next Post

S&P 500 climbed 0.3%, and Nasdaq-100 futures jumped 0.7%

admin

admin

Next Post
S&P 500 climbed 0.3%, and Nasdaq-100 futures  jumped 0.7%

S&P 500 climbed 0.3%, and Nasdaq-100 futures jumped 0.7%

Recent News

Crypto Market Recap: Bitcoin Breaks US$100,000, Coinbase Makes US$2.9 Billion Power Play

Crypto Market Recap: Bitcoin Breaks US$100,000, Coinbase Makes US$2.9 Billion Power Play

May 11, 2025
Tech 5: OpenAI Restructures, Apple Pursues AI Search, Constellation Shares Jump

Tech 5: OpenAI Restructures, Apple Pursues AI Search, Constellation Shares Jump

May 11, 2025
Where the Market Goes Next: Key Resistance Levels + Top Bullish Stocks to Watch Now

Where the Market Goes Next: Key Resistance Levels + Top Bullish Stocks to Watch Now

May 11, 2025
Recession Ahead? Sector Rotation Model Warns of Rising Risk

Recession Ahead? Sector Rotation Model Warns of Rising Risk

May 11, 2025
Disclaimer: richmarketdaily.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.
  • About us
  • Contact us
  • Privacy Policy
  • Terms & Conditions

Copyright © 2025 richmarketdaily.com | All Rights Reserved

No Result
View All Result
  • About us
  • Contact us
  • Home 1
  • Home 2
  • Home 3
  • Home 4
  • Home 5
  • Home 6
  • Privacy Policy
  • Terms & Conditions
  • Thank you

Copyright © 2025 richmarketdaily.com | All Rights Reserved