Search Results: FintechReliability

Canada's sixth-largest commercial bank is grappling with a major technical outage, leaving over 2.4 million customers without online or mobile banking access. The incident highlights the fragility of digital financial infrastructure.

Millions of PayPal and Venmo users were locked out of sending or receiving payments during a widespread outage Friday morning, highlighting the fragility of critical financial infrastructure. The incident, resolved within hours, underscores the real-world impact when major payment platforms falter and the cascading effects on users and businesses reliant on instant digital transactions.