Hot Online Bank Startup 'Chime' Leaves Customers Without Access to Their Cash

Discussion in 'other software & services' started by mood, Oct 17, 2019.

  1. mood

    mood Updates Team

    Joined:
    Oct 27, 2012
    Posts:
    20,001
    Hot Online Bank Startup Leaves Customers Without Access to Their Cash
    A major outage at Chime took its website and app offline
    October 17, 2019

    https://www.bloomberg.com/news/arti...suffers-major-outage-stranding-customers-cash
     
  2. Rasheed187

    Rasheed187 Registered Member

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    The Netherlands
    That's what's keeping me from switching to these new online banks. And RobinHood is also in big trouble now that companies like Charles Schab and E-Trade will also offer stock trading for free. But don't get me wrong, I welcome these new fintech companies, because it's good for consumers at the end of the day. Those old-skool banks are way too cocky.
     
  3. AutoCascade

    AutoCascade Registered Member

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    United States
    There were at least two banks affected by the failures of their payments processor Galileo. Varo Bank was another one affected.

    This was the third outage for Chime since July.
     
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