Nationwide Building Society customers faced difficulties accessing their accounts on Friday as a technical issue disrupted incoming and outgoing payments. The building society confirmed the problem on its website, acknowledging delays and assuring members that transactions were in a queue and would be processed as soon as possible.<\/p>\n\n\n\n
Nationwide responded via social media<\/a><\/strong>, stating: \u201cWe\u2019re sorry, some incoming and outgoing payments are delayed at the moment. They are in a queue and will arrive as soon as possible. Everything else is working normally.\u201d<\/p>\n\n\n\n
According to Jenny Ross, editor of Which? Money<\/strong>, banking outages can have serious implications for customers. <\/p>\n\n\n\n
She stated: \u201cTechnical issues like these could be devastating for people who could miss important bill payments, find themselves unable to pay<\/strong> for essential services or risk going overdrawn \u2013 issues which could come with knock-on effects like late payment or overdraft penalties, or affect their ability to get credit or borrow money.\u201d<\/p>\n\n\n\n
The recent disruptions affecting Lloyds<\/a>, Halifax, TSB, and Bank of Scotland highlight growing concerns over the resilience of online banking systems. According to Downdetector<\/strong>, reports of issues with the Lloyds Bank app peaked at over 4,000 on Friday morning, with users unable to access accounts or make transactions.<\/p>\n\n\n\n