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    Home » Barclays Updates Balances Following Tech Outage
    Tech

    Barclays Updates Balances Following Tech Outage

    Lina Johnson MercilliBy Lina Johnson MercilliFebruary 13, 2025No Comments3 Mins Read
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    Essential Insights

    1. Barclays has resolved the "technical issue" affecting payments and transactions but is still updating accounts for some customers, acknowledging days of disruption that began Friday.

    2. Customers reported difficulties with mobile and online banking, leading to failed payments and overdrafts, prompting complaints about poor communication from the bank.

    3. The technical problems were not caused by a cyber attack; Barclays has committed to ensuring affected customers are not left financially disadvantaged.

    4. Despite the resolution, ongoing issues were still reported by hundreds of customers on Sunday, creating significant challenges for those reliant on timely access to funds, especially around critical payment deadlines.

    Barclays Bank recently faced a significant technical outage, disrupting services for many customers. This incident began on a Friday, a particularly challenging day since it coincided with paydays for many and the deadline for self-assessment tax returns. Customers quickly reported issues with mobile and online banking, preventing them from making essential payments.

    Fortunately, Barclays announced the resolution of the technical issue. They stated that delayed payments had been processed. However, they continued to work on updating account balances for some customers. Despite their efforts, many users reported persistent issues, and it became clear that not all problems had been fixed. Affected customers expressed frustration, highlighting how the outage impacted their financial situations.

    To address customer concerns, Barclays extended their call center hours over the weekend. They also committed to proactively contacting vulnerable customers. The bank reassured users that impacted clients would not suffer financially due to the disruption. This recognition of their responsibility is vital as they navigate the aftermath of the outage.

    Yet, the clarity of Barclays’ communication left much to be desired. Customers like Michaela from Sheffield described the updates as “really poor.” She experienced delays and inconvenience without sufficient support or communication from the bank. Others echoed her sentiments, emphasizing the need for more transparent updates during such crises.

    Additionally, the impact of the outage rippled beyond personal banking. HM Revenue and Customs (HMRC) confirmed they would not impose late payment penalties on those unable to submit self-assessments due to the Barclays disruption. This cooperation between organizations illustrates how interconnected financial systems can affect people’s lives.

    The stories of individuals affected by the outage amplify the importance of reliable banking services. Emily, a single mother, shared her distressing experience of being left without a home because of delayed transactions. Her situation underscores how vital timely access to funds can be, especially during critical life transitions.

    Barclays has a responsibility to learn from this incident. As one of the UK’s largest banks, with over 20 million retail customers, they must prioritize robust systems to prevent similar occurrences. Improving communication and support during outages could help customers feel more secure. Ultimately, banks must remember that behind every account is a person, relying on them for stability in an unpredictable world.

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    Lina Johnson Mercilli
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    Lina Johnson Marcelli is the editor for IO Tribune, bringing over two decades of experience in journalism to her role. With a BA in Journalism, she is passionate about delivering impactful stories that resonate with readers. Known for her keen editorial vision and leadership, Lina is dedicated to fostering innovative storytelling across the publication. Outside of work, she enjoys exploring new media trends and mentoring aspiring journalists.

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