Tag: disrupted payments
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CAF Bank Outage Persists, Charities Struggle with Disrupted Payments
Thousands of UK charities are still reeling from a week-long online banking outage at CAF Bank, with £1.45 billion in customer deposits stuck in limbo and no end in sight for a resolution. The disruption has left 14,000 charity customers scrambling to manage their day-to-day transactions.