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electronic banking

11/17/2023 / By Cassie B.

Bank payment processing outages highlight risks of relying on electronic banking

Last week, a number of American banks could not process payments for a few days, leaving some customers in a precarious financial situation as transfers and deposits failed and highlighting the risks of relying on electronic banking. The effects of the outages were far-reaching. Many people’s payroll direct deposits failed, leaving them unable to access […]

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