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Latest global banking news, June 1, 2022 | PaymentsSource

in Bank News
1 min read
Latest global banking news, June 1, 2022 | PaymentsSource
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Customers of the U.K.’s largest financial institutions reported being locked out of their accounts on Wednesday, according to the Manchester Evening News and dozens of other news outlets. The banks include Barclays, Bank of Scotland, Halifax, Lloyds, HSBC, Santander, Nationwide, NatWest, Monzo and Yorkshire Bank. The affected services included transfers, access to online banking and mobile apps. Halifax and Santander reported unspecified problems with access to Faster Payments, a U.K. system that supports settlement in a few seconds. Santander reported that service had been restored as of 1 p.m. local time. The outage was similar to a series of glitches that impacted card networks and banks in Europe in 2018, leaving some consumers unable to access mass transit or pay for groceries. —John Adams





Read More: Latest global banking news, June 1, 2022 | PaymentsSource

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