Wells Fargo is dealing with a technical issue that has resulted in customers reporting that their direct deposits had disappeared from their bank accounts. We sincerely apologize for any inconvenience,” a Wells Fargo spokesperson told CNN on Friday. This isn’t the first time Wells Fargo customers have faced this particular technical glitch. In March, Wells Fargo confirmed that some customers’ direct deposits were not showing up but that their accounts “continue to be secure,” according to an NBC News report. Wells Fargo also improperly denied thousands of mortgage loan modifications, causing some customers to lose their homes in “wrongful foreclosures,” according to US regulators.

Source: CNN August 04, 2023 08:16 UTC