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electronic payments network global processing error pepe unchain Bnb Eth XRP aave Bitcoin Bonk

Did a payment processing error cause a bank deposit delay?

Multiple US banks were hit by deposit delays on Friday caused by an error at a payment processing network, according to the Federal Reserve. The Clearing House, which operates the Automated Clearing House system, which allows banks to send electronic payments to each other, experienced a processing error with a batch of bank transactions.

Did a 'processing error' cause payment delays?

The private company that processes many bank-to-bank electronic transfers said a 'processing error' last week led to payment delays on roughly 850,000 transactions.

Did Fed say 'error' in a batch of payments delayed processing?

The Fed had said an “error” in a batch of payments delayed the processing of payments. Customers at Bank of America, Chase, US Bank, Truist and Wells Fargo reported issues on Friday morning, according to Downdetector. Some frustrated bank customers complained on social media about the deposit delays.

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