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I recall when Simple transitioned from Bancorp to BBVA as part of the BBVA acquisition, and it... did not go smoothly. Days of downtime, and double-spends on tr
by cbhl 5y ago
I recall when Simple transitioned from Bancorp to BBVA as part of the BBVA acquisition, and it... did not go smoothly. Days of downtime, and double-spends on transactions that did go through. As someone living paycheck-to-paycheck at the time, I promptly moved my spending (and my paycheck) back to a traditional bank.
- tadfisher 5y agoYou're probably remembering a different transition, which was the move from TxVia to Fiserv for debit processing. That was in the works before the acquisition and we were right up against a deadline, and it did not go well. The later Bancorp -> BBVA transition was very smooth, aside from BBVA's policies forcing us to close accounts (e.g. they didn't support resident non-citizens of any form).