Bug in Fed’s payment system prevents bank customers from getting paid
Some of the largest United States banks are not able to facilitate customers deposits after one of the Federal Reserve’s payment systems suffered an outage on Nov. 3.The Federal Reserve said the bug was caused by a "processing issue" in the Automated Clearing House — a payment ...
Nifty News: Metaverse bank robberies, Trump NFT biz prefers crypto over cash, and more
Stick em' up! Bank robbery drills in the MetaverseThe Bank of America is mixing a virtual reality metaverse and artificial intelligence to train new employees on everything from handling angry customers to bank robberies.Bloomberg reported July 13 that the bank’s 2,000 new hir ...
Bank of America Analysts Notice Strong Bitcoin Outflows from Crypto Exchanges to Personal Wallets
Bank of America analysts have recently observed a noteworthy trend in the cryptocurrency market. Over the last week leading up to April 4th, there has been a substantial outflow of bitcoins from crypto exchanges to users' personal wallets, amounting to $368 million in total, according to a report ...