Wells Fargo Faces Widespread Banking System Issues and Customer Complaints
Wells Fargo experienced issues with its banking system, including problems with fund transfers and declining ATM cards. Customers reported complaints on Downdetector, and the bank acknowledged the intermittent issues. This is the second time this month that Wells Fargo has faced widespread system problems. In addition to these technical difficulties, the bank has faced controversy in recent years, including fines for "illegal activity" and the infamous fake-accounts scandal in 2016.