The near-error occurred after a staffer handling the transfer copied and pasted the account number into a field for the dollar figure, the report added.

MANHATTAN (CN) ­— Bank of America urged a Second Circuit panel on Monday afternoon to toss out a class action brought by New ...

The near-error occurred after a staffer handling the transfer copied and pasted the account number into a field for the dollar figure, which was detected on the next business day.

The Elon Musk-led Department of Government Efficiency wants to charge at least one federal agency millions of dollars for its ...

Learn what a bank failure is, why it happens, FDIC coverage, and how to protect your business from financial risks with ...

The financial mistake was corrected after it was caused by what a company spokesperson called an “inputting error." ...

The Federal Deposit Insurance Corp.'s board approved a proposal to rescind the agency's 2024 statement on bank merger ...

The US bank almost credited the unsuspecting customer with $81 trillion, yes, trillion, with the transaction even skipping ...

Thirty members of the Senate Banking and House Financial Services committees signed a letter petitioning the administration ...

Citigroup, Inc. C accidentally credited a client’s account with $81 trillion when it was supposed to credit only $280. This ...

Citigroup erroneously credited $81 trillion, instead of $280, to a customer’s account and took hours to reverse the ...

President Trump's recent executive order "Strengthening American Leadership in Digital Financial Technology" promoted the development of ...