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  2. Bank of America glitch that stressed customers coast-to-coast ...

    www.aol.com/news/nationwide-glitch-affects...

    Bank of America has 8.3 million digital clients in California with 2.2 million in Los Angeles, ... customers took to social media to complain about money missing from deposits and Zelle transactions.

  3. Dispute (credit card) - Wikipedia

    en.wikipedia.org/wiki/Dispute_(credit_card)

    In a credit card or debit card account, a dispute is a situation in which a customer questions the validity of a transaction that was registered to the account.. Customers dispute charges for a variety of reasons, including unauthorized charges, excessive charges, failure by the merchant to deliver merchandise, defective merchandise, dissatisfaction with the product(s) or service(s) received ...

  4. Chargeback - Wikipedia

    en.wikipedia.org/wiki/Chargeback

    For transactions where the original invoice was signed by the consumer, the merchant may dispute a chargeback with the assistance of the merchant's acquiring bank. The acquirer and issuer mediate in the dispute process, following rules set forth by the corresponding bank network or card association. If the acquirer prevails in the dispute, the ...

  5. Bank of America says widespread outage is nearly fixed - AOL

    www.aol.com/bank-america-down-customers-report...

    Bank of America declined to specify what caused the problem. It’s not clear when all systems will be fully back to normal. Multiple CNN employees with Bank of America accounts could not log into ...

  6. Authorization hold - Wikipedia

    en.wikipedia.org/wiki/Authorization_hold

    Authorization hold (also card authorization, preauthorization, or preauth) is a service offered by credit and debit card providers whereby the provider puts a hold of the amount approved by the cardholder, reducing the balance of available funds until the merchant clears the transaction (also called settlement), after the transaction is completed or aborted, or because the hold expires.

  7. Bank of America is down: Users report their accounts showing ...

    www.aol.com/bank-america-down-users-report...

    Many reported having difficulties reaching Bank of America’s customer service. I'm having a heart attack this morning thanks to @BankofAmerica - they REALLY need to be addressing this pic ...

  8. Fair and Accurate Credit Transactions Act - Wikipedia

    en.wikipedia.org/wiki/Fair_and_Accurate_Credit...

    Fair and Accurate Credit Transactions Act; Other short titles: Financial Literacy and Education Improvement Act: Long title: An Act to amend the Fair Credit Reporting Act, to prevent identity theft, improve resolution of consumer disputes, improve the accuracy of consumer records, make improvements in the use of, and consumer access to, credit information, and for other purposes.

  9. Bank of America Settles Fannie Mae Dispute for $10.35 Billion

    www.aol.com/news/2013-01-07-bank-of-america...

    On Monday, Bank of America (NYS: BAC) announced that it has reached an agreement with Fannie Mae to settle the companies' dispute over delinquent mortgage loans, which were sold to Fannie by the ...