© Reuters. FILE PHOTO: A Bank of America logo is pictured in the Manhattan borough of New York City, New York, U.S., January 30, 2019. REUTERS/Carlo Allegri/File Photo - Bank of America's mobile app flashed a message on Friday that said customers could be facing temporary delays in depositing funds into their accounts after a technical glitch impacted multiple financial institutions.
The issue could be stemming from The Clearing House , a core payments system infrastructure owned by some of the largest commercial banks in the world. "TCH has experienced a processing issue with a single Automated Clearing House file. TCH is working with impacted financial institutions on the matter," a spokesperson for the association said in an emailed statement to Reuters.We encourage you to use comments to engage with other users, share your perspective and ask questions of authors and each other.
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