Citigroup Inc. came close to accidentally transferring nearly $6 billion to a customer's account when an employee mistakenly ...
The near-miss in Citigroup’s wealth-management business magnified the intended amount by more than a thousand times and was ...
This week has seen a peculiar case in the banking sector where a clerical error almost transferred $6 billion to wealth ...
Citigroup (NYSE:C) nearly transferred $6 billion to a customers account in its wealth-management division due to a copy-paste ...
Citigroup nearly transferred $6 billion to a customer due to a copy-paste mistake. A staffer accidentally entered an account ...
(CNN) – Citigroup made a costly error before reversing course. The bank accidentally credited a customer’s account with $81 ...
Citigroup's $81 trillion mistake sparks concerns over operational controls and regulatory oversight, prompting investments in upgrades.
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.
Citigroup Inc. almost shifted about $6 billion to a customer’s account by accident after a staffer handling the transfer ...
The financial mistake was corrected after it was caused by what a company spokesperson called an “inputting error." ...
The US bank almost credited the unsuspecting customer with $81 trillion, yes, trillion, with the transaction even skipping ...
Use precise geolocation data and actively scan device characteristics for identification. This is done to store and access ...