A $280 transfer turns into $81 trillion because of bank error
The Financial Times reports Citigroup was supposed to credit a client’s account with a $280 transfer. Somehow it turned into $81 trillion.
Citigroup Mistakenly Transfers $81 Trillion Instead of $280 to Client in Major Banking Error
Citigroup has mistakenly credited a client with $81trn instead of $280, exposing serious lapses in its internal transaction verification process.
Citigroup Briefly Makes Customer the Richest Person in History With Mistaken $81 Trillion Transfer
Last year, an employee at Citigroup accidentally initiated a fund transfer to a customer’s account that would have made them the wealthiest person in the history of human existence. The incident, which took place last April,
Bank error in your favor: Citigroup admits it mistakenly credited a customer $81 trillion - instead of $280.00
Citigroup admitted that it mistakenly credited a customer’s account to the tune of $81 trillion () Talk about a short-lived windfall! A banking customer was mistaken
Citigroup mistakenly credited a customer account with $81 trillion
Citigroup erroneously credited $81 trillion, instead of $280, to a customer’s account and took hours to reverse the transaction, a “near miss” that shows up the bank’s operational issues it has sought to fix,
Citi Accidentally Credits Client Account With $81 Trillion: FT
Citigroup Inc. erroneously credited $81 trillion to a customer’s account instead of $280 last April before reversing the transaction hours later, according to the Financial Times.
Citi bungle briefly credits client’s account with $81 trillion — instead of $280
Citigroup credited $81 trillion to a customer’s account, instead of just $280, and took hours to reverse the transaction — an embarrassing “near miss” for a bank that has struggled to fix operational issues.
Citigroup Mistakenly Transfers $81 Trillion to Customer Account
A customer of Citigroup was given a big surprise after it had mistakenly transferred $81 trillion dollars into the customer's
Citigroup Incorrectly Credits $81T in Client's Account in "Near Miss"
Citigroup, Inc. C accidentally credited a client’s account with $81 trillion when it was supposed to credit only $280. This error could delay the bank’s attempt to influence regulators that it has fixed long-standing operational issues.
Citigroup Mistakenly Credits Customer $81 Trillion in Bizarre Payment Error
Citigroup recently made a jaw-dropping mistake that has left many scratching their heads—an $81 trillion error when it should’ve been just $280. The newly unveiled blunder happened last April when […] The post Citigroup Mistakenly Credits Customer $81 Trillion in Bizarre Payment Error appeared first on Baller Alert.
Citi’s $81 trillion mixup underscores the risks of manual processes
Use precise geolocation data and actively scan device characteristics for identification. This is done to store and access ...
Citigroup Makes (and Then Fixes) an $81 Trillion Mistake
The bank temporarily credited a customer’s account with trillions of dollars, adding to scrutiny of risk management systems ...
Citigroup Almost Made an $81 Trillion Mistake
Citigroup accidentally moved to transfer $81 trillion to a customer. Yes, trillion. A bank employee mistakenly entered the ...
Citi's latest blunder: an $81 trillion 'inputting error'
No money left the bank, but the "inputting error" came amid CEO Jane Fraser's efforts to convince regulators she's fixing the ...
Citigroup’s $81 trillion mistake is a warning ‘that operational risk is still a ticking time bomb in banking,’ expert says
It took three employees and several hours for Citigroup to realize it credited a customer account with $81 trillion instead ...
Citigroup’s $81 trillion blunder: how a ‘fat finger’ mistake was caught
Citigroup narrowly avoided what could have been one of the largest banking blunders in history after it mistakenly credited a ...
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Citigroup employee's typo nearly led to $81 trillion blunder. Details here
The payment was initially overlooked by two employees before a third employee caught it. Citi later reported the incident as ...