News

Talk about a short-lived windfall! A banking customer was mistakenly credited $81 trillion in their account when it was supposed to be just $280 - with one zero. Citigroup made the payment in ...
Bank reconciliation statements are used by businesses, auditors, and accountants to detect errors or omissions between their accounting records and their bank account balances. Investopedia / Lara ...
Text Callout : Key Takeaways - Banking on a Mistake: Can You Cash in When Your Bank Messes Up? Imagine checking your bank account balance and finding out it was higher than expected – $81 ...
When you balance a checkbook, you compare your bank statement to the records in your checkbook. Balancing your checkbook may help identify errors and keep track of payments. If you don't use ...
The bank said its Internal Audit Department (IAD) found that a total of Rs 674 crore was wrongly shown as interest over three ...
The Bank of London says it is under investigation by UK regulators in a move its auditors warn could cast "significant doubt" ...
Che lost $158,000 when he missed a single digit when sending his money from Barclays Bank to Westpac in January last year. He ...
A programming error that was allowed to fester for 15 years has cost global banking giant Citigroup a $7m (£5.3m) fine from the Securities and Exchange Commission ...