WFC - Major Banks Hit By Clearinghouse Glitch Direct Deposits Delayed | Benzinga
A technical hiccup at a major clearinghouse has led to a cascade of direct deposit delays for customers at several leading banks, including JPMorgan Chase & Co (NYSE: JPM), Wells Fargo & Co (NYSE: WFC), Bank of America Corp (NYSE: BAC) and Truist Financial Corp (NYSE: TFC).
The glitch, which surfaced Friday, has caused a disruption in the usual flow of payroll deposits, leaving many customers in a lurch as they checked their accounts for expected funds, according to ThinkAdvisor.
Reports of the issue began to emerge, with Downdetector, an outage tracking ...