Once caught, it took the bank several hours to reverse the erroneous transaction, which occurred in April 2024 A Citigroup ...

The post Citigroup’s $81 trillion blunder: how a ‘fat finger’ mistake was caught appeared first on Invezz Citi Bank ...

I am sure many of us have had that sinking feeling when we are at the ATM and slot in our cards, only to be met with an “unable to dispense cash” after setting up a debit transaction. To worsen this ...

"A bank error in your favor, please collect $200" is always a welcome surprise when playing Monopoly. The Community Chest card awards the player a little extra boost ...

An exception item refers to banking transactions that can't be processed, often due to issues like insufficient funds or incomplete checks. Learn how automation simplifies resolving them.

FILE - Chase Bank ATMs are shown, Thursday, March 25, 2021, in New York. Customers of Chase’s online banking services were seeing double transactions, fees and/or payments in their accounts, with the ...

Reconciling your bank transactions to your business book is essential to the financial health of your company. However, if you’ve never reconciled your company’s transactions before, the process can ...

NEW YORK (AP) — Customers of Chase’s online banking services saw double transactions, fees and payments in their accounts on Friday, in a glitch that was not fixed until late in the day. Numerous ...