Capital One Service Disruption Affects Customers Nationwide

Capital One has been facing significant service disruptions since Wednesday due to technical issues with third-party vendor FIS Global, affecting customers' ability to access deposits, payments, and transfers. The bank assured customers that their funds are safe, but many have expressed frustration on social media, citing difficulties in paying bills and accessing their money. FIS reported that it has restored access to applications and is working to process delayed transactions, with expectations to resolve most issues by Friday. The outage has left customers unable to receive payments on time, prompting backlash as individuals rely on timely access to their funds. Capital One has acknowledged the ongoing problems and is actively working to restore full functionality. This incident highlights the vulnerability of banking systems to external failures, echoing similar outages experienced by other major banks in the past.