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Other banks relying on this third party will also be down. Actually happens all the time. Banks are very good these days at not losing your money but nothing el
by tommynicholas 10y ago
Other banks relying on this third party will also be down. Actually happens all the time. Banks are very good these days at not losing your money but nothing else is guaranteed to work.
- kennydude 10y agoMonzo is actually slightly better in telling people. I even got a push notification earlier saying the service was down, which a normal bank won't (or can't) do.
- user5994461 10y agoBanks can do it, they have your phone number to message you.
- kennydude 10y agoThey could do it, the problem is would they? The most I've seen with major outages at major banks is they end up on BBC News which is easily ignorable
- OJFord 10y agoThey don't have a status page, though.
- user5994461 10y agoDoubt the folks outside of HN is much interested in reading websites.
- OJFord 10y agoThey are interested in the modern (phone) app-y nature of it all though. So much so that Monzo has stated repeatedly they won't offer a web app at all - the one major thing I dislike about it.
- tommynicholas 10y agoCouldn't agree more. Plus, soon they'll have built their own infrastructure and this kind of thing will be less likely and at the very least easier to deal with.
- merrvk 10y agoNone of the actual banks I use are having any issues. One of the most important things a bank can do is give you the ability to make payments. In this case, the fact that a 3rd party going down will stop this core functionality is horrifying.
- mancmonkey 10y agoOsper, Curve, Monzo and Revolut affected which processor do they all use?
- mancmonkey 10y agoyup its Wirecard http://uk.businessinsider.com/british-fintech-wirecard-monzo-loot-revolut-supercard-2016-11?r=DE&IR=T http://uk.businessinsider.com/british-fintech-wirecard-monzo...
- ereli1 10y agothe processor is actually GPS (https://twitter.com/GPS_Processor https://twitter.com/GPS_Processor)
- tommynicholas 10y ago"None of the banks I use are having any issues" - they all use third parties and they all have issues sometimes. Fact.