Customers scramble after deposits disappear from Wells Fargo accounts
www.nbcnews.com
For the second time this year, Wells Fargo has acknowledged that direct deposits were not showing up in customers’ accounts.
  • experbia@kbin.social
    1·
    1 year ago

    Wells Fargo are simply criminal, it has been demonstrated again and again. It would not surprise me in the slightest if I were to learn that this was an intentional test to see how many people would notice a missing deposit or two and gauge how often they can simply swipe some deposits “accidentally”.

  • CodeBlooded@programming.dev
    0·
    1 year ago

    I’m willing to bet a team of untrained, uneducated, software/data engineers receiving big salaries are responsible for this.

    It’s my understanding that big brand banks live on top of brittle, low quality, poorly tested code- and that’s if they’re not straight up using excel to run production processes.

      • CodeBlooded@programming.dev
        0·
        1 year ago

        While they do rely on COBOL and old mainframes a great deal, that isn’t the only software supporting the company and its operations. That fact doesn’t negate what I’m speculating would be the cause.

        These big banks have multiple programming teams that use different programming languages and work on different products.

        If you go to their careers page, you will find tons of Java, .NET, and Python jobs posted. I’ve never seen a COBOL posting at a big bank (which doesn’t mean it’s never happened, but I can see any of these more modern languages posted any given day).

        • Intelligence_Gap@beehaw.org
          1·
          1 year ago

          Why are you assuming it’s not just the ceo ordering theft, which is kinda their thing, and blaming some programmers just because they have a living wage?