HomeNewsWorldJPMorgan says majority of ATMs operating normally amid outages

JPMorgan says majority of ATMs operating normally amid outages

JPMorgan Chase said it is working to restore service to automated teller machines (ATMs) affected by a global digital outage while a majority suffered from Microsoft outage.

July 20, 2024 / 07:32 IST
JPMorgan Chase is restoring service to ATMs impacted by a global digital outage, though most are operating normally. The bank declined to specify how many of its 16,000 ATMs were offline.

JPMorgan Chase said it is working to restore service to automated teller machines (ATMs) affected by a global digital outage while a majority of its ATMs are operating normally, according to an emailed statement on Friday.

The largest U.S. bank declined to comment on how many of its ATMs were offline. It has 16,000 ATMs across the U.S. and 4,800 branches.

Financial firms were among many snarled by a global digital outage on Friday that caused hourslong disruptions to computer systems at hundreds of companies.

Bank teller stations were not working at at least two JPMorgan branches in New York, according to employees at different locations who declined to be identified discussing the outage. Both employees said they were unsure when their computers would be restored.

Branches have remained open, and at the sites affected by the outages, customers were able to access banking services by making manual transactions with tellers or using ATMs, a source familiar with the situation said.

Reuters
first published: Jul 20, 2024 07:32 am

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Subscribe to Tech Newsletters

  • On Saturdays

    Find the best of Al News in one place, specially curated for you every weekend.

  • Daily-Weekdays

    Stay on top of the latest tech trends and biggest startup news.

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347